Raymond Ltd (RAYMOND)

Raymond Struggles with Muted Demand and Divorce Settlement News - 25 Apr, 2024

Raymond Ltd faces challenges due to continued muted demand in European markets, leading to outsourcing of manufacturing. Additionally, shares dropped by 20% over 12 sessions following news of a divorce settlement demand from the chairman's estranged wife.

Raymond Stock Price Breaks Out of Consolidation Range - 23 Apr, 2024

After consolidating within a range for several months, Raymond Ltd's stock price has broken out from resistance. Traders can buy with a target of Rs 2100 and stop loss below Rs 1900.

Bullish Outlook for Raymond Ltd Stock - 22 Apr, 2024

Raymond's stock has seen a bullish trend with a strong breakout above the key resistance level of ₹1,950. Analysts recommend buying the stock on dips towards Rs 1,970 for the target of Rs 2,080-2,170 with stop-loss at Rs 1,920.

Raymond Ltd's Low P/E Ratio and Negative Earnings Growth Outlook - 21 Apr, 2024

Raymond Limited has a low P/E ratio of 8.4x, with earnings growth expected to decline by 50% over the next year according to analysts. Shareholders are accepting this as future earnings are unlikely to provide any pleasant surprises.

Raymond Ltd Stock Shows Breakout on Daily Time Frame - 20 Apr, 2024

Raymond Ltd stock has broken out of its multiple supply zone and is holding above all near-term, short-term moving averages. With good volume action, the stock could rally towards 2080-2100.

Raymond Ltd's Volume Surges 6.49 Times Over Two-Week Average - 19 Apr, 2024

Raymond Ltd saw a surge in volume, with 9.3 lakh shares traded on NSE, up from the two-week average of 1.43 lakh shares. The stock gained 4.54% to Rs.1,996.85.

Capacit'e Infraprojects Secures Work Orders Worth Rs 549 Crore, Including One from Raymond Ltd - 18 Apr, 2024

Raymond Limited's Realty Division has awarded Capacit'e Infraprojects an additional building order in Thane and scope enhancement for the existing building worth Rs 293 crore. The stock traded higher by 1.85% at Rs 1,906.20 on NSE.

Raymond Ltd's Impressive ROE and Net Income Growth - 05 Apr, 2024

Raymond Ltd has an impressive Return on Equity (ROE) of 38%, which is higher than the industry average, and a five-year net income growth of 55%. The company reinvests most profits to grow its business, with a low three-year median payout ratio of 5.7%. However, future ROE is predicted to decline despite the anticipated decrease in the payout ratio.