Raymond Ltd
RAYMOND

504.15

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Day's Vol.(shares)

502.90

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Accumulate
Reco. Price
Rs 501.00
We recommend an ACCUMULATE as we expect revenue to grow by 13% in FY17E. This will be driven by double digit volume momentum in Branded apparels and Garment segment. The stock is currently trading at FY17E P/E of 32.9x. (Target price - Rs.532)
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50 DMA (.)
501.02
100 DMA (.)
531.36
200 DMA (.)
495.19
Weekly Range (.)
492.35
510.40
Monthly Range (.)
492.15
539.50
52 Weeks Range (.)
380.00
654.00
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