Indian benchmark indices rallied about 1% on Friday, driven by gains in tech and consumer durables. Shakti Pumps surged 5%, nearing all-time highs, while IOC climbed 2.01% showing signs of recovery. JK Tyre experienced a marginal dip, consolidating near support levels.
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.