Veteran investor Ramesh Damani advises investors to view market dips as buying opportunities, highlighting defence, commodities, and pharmaceuticals as safe havens. He stresses IT sector adaptability amidst AI’s transformative impact. Damani sees significant potential in India’s defence sector and consumption trends, urging a forward-looking investment approach.
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.