Motilal Oswal has initiated coverage on Bharat Dynamics with a ‘neutral’ rating and a target price of Rs 1,900, citing stretched valuations. While upbeat on its export momentum, order book, and earnings growth, the brokerage prefers lower entry points amid limited near-term upside.
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.