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Raymond slips on reporting consolidated net loss of Rs 12 crore in Q1

Raymond is currently trading at Rs. 626.65, down by 11.45 points or 1.79% from its previous closing of Rs. 638.10 on the BSE.

The scrip opened at Rs. 613.10 and has touched a high and low of Rs. 630.00 and Rs. 607.45 respectively. So far 59221 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 884.85 on 21-Dec-2018 and a 52 week low of Rs. 593.55 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 682.60 and Rs. 607.45 respectively. The current market cap of the company is Rs. 3809.30 Crore.

The promoters holding in the company stood at 43.99%, while Institutions and Non-Institutions held 24.32% and 31.69% respectively.

Raymond has reported Net Loss of Rs 22.23 crore for the quarter ended June 30, 2019 as compared to net loss of Rs 13.28 crore for the same quarter in the previous year. However, total income of the company increased by 11.42% at Rs 730.01 crore for Q1FY20 as compared Rs 655.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has Reported Net Loss of Rs 12.20 crore for the quarter under review against net profit of Rs 1.92 crore for the same quarter in the previous year. However, total income of the company increased by 14.02% at Rs 1,469.94 crore for Q1FY20 as compared Rs 1,289.16 crore for the corresponding quarter previous year.



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Raymond slips on reporting consolidated net loss of Rs 12 crore in Q1

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