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Stock Report
Raymond Q1 net profit at Rs.5.37 Crores
Posted On : 2007-07-21 03:21:19( TIMEZONE : IST )
Raymond Ltd has announced the following unaudited Results for the quarter ended June 30, 2007.
The Company has posted a net profit of Rs 53.70 million for the quarter ended June 30, 2007 where as the same was at Rs 116.10 million for the quarter ended June 30, 2006. Total Income (net of excise) is Rs 2363.70 million for the quarter ended June 30, 2007 where as the same was at Rs 2984.70 million for the quarter ended June 30, 2006.
In view of the divestment of Denim business effective August 01, 2006, figures of the current period are not comparable with corresponding figures of previous period.
The stock closed on Friday at Rs.292.05, down by Rs.2.20 or 0.75%. The total traded quantity was 16186 compared to 2 week average of 52144. The stock hit an intraday high of Rs.296.80 and low of Rs.291.
