NEW DELHI: Shares of Raymond Ltd. traded 0.57 per cent up in Tuesday's trade at 11:11AM (IST). Around 69,994 shares changed hands on the counter.

The counter opened at Rs 303.9 and touched an intraday high and low of Rs 305.4 and Rs 295.55, respectively, in the session so far. Shares of the company of Raymond Ltd. quoted a 52-week high of Rs 838.0 and a 52-week low of Rs 209.5.

Total market cap of the Raymond Ltd. stood at Rs 1998.54 crore at the time of writing this report.

Key Financials
The company reported consolidated net sales of Rs 1885.43 crore for the quarter ended 31-Dec-2019, up 0.12 per cent from previous quarter's Rs 1883.17 crore and up 12.55 per cent from the year-ago quarter's Rs 1675.16 crore.

The net profit for latest quarter stood at Rs 195.28 crore, up 419.91 per cent from the same quarter a year ago.

Shareholding pattern
As of 03-Apr-2020, domestic institutional investors held 8.44 per cent stake in the company, while foreign institutional investors held 10.53 per cent and the promoters 48.22 per cent.


Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 6.02 and a price-to-book ratio of 0.9. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Raymond Ltd. belongs to the Textiles - Integrated industry.