An investor is more confident buying a particular stock if a large number of mutual funds (MFs) schemes also hold the stock. In today’s MF analysis ETMarkets found five stocks that were held by over 100 MF schemes as of September 2022 and have gained over 50 percent in this current fiscal (FY23) so far (Data source: ACE MF)
Raymond Q2 Results: Net profit jumps 130% YoY to Rs 32 crore, revenue rises 24%
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.