Raymond shares rise 4.5% post Q2 earnings

November 5, 2024

Raymond’s shares climbed 4.5% despite a 63% drop in Q2 profit, driven by strong revenue growth in real estate and engineering. Real estate revenue surged 135% and engineering revenue jumped 121%. The company highlighted project execution and strong domestic demand as key growth drivers.

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Just Dial reported a 43% YoY rise in Q3FY25 net profit to ₹131.31 crore, with revenue up 8.4% to ₹287.33 crore. Sequentially, profit declined 15%.

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34 mutual fund NFOs mobilised Rs 13,852 crore in December

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