The price target implies an upside potential of 14.4% from Tuesday’s closing. The stock hit ₹202 – the highest level since November 2017 – before closing at ₹201.05. Macquarie said the company is its top pick among NBFCs and has the potential to double in three years.
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.