Raymond is currently trading at Rs 371.40, up by 5.85 points or 1.60% from its previous closing of Rs 365.55 on the BSE.
The scrip opened at Rs 361.00 and has touched a high and low of Rs 373.00 and Rs 361.00 respectively. So far 45304 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 417.80 on 08-Dec-2011 and a 52 week low of Rs 256.35 on 25-Feb-2011.
Last one week high and low of the scrip stood at Rs 394.50 and Rs 361.00 respectively. The current market cap of the company is Rs 2271.09 crore.
The promoters holding in the company stood at 39.27% while Institutions and Non-Institutions held 35.62% and 25.09% respectively.
Raymond’s auto components business - Ring Plus Aqua, has acquired Trinity India, a Pune-based forged component manufacturer. This marks Ring Plus Aqua's entry into the forging industry, adding to its current portfolio of auto components, which includes flywheel ring gears, flexplate assemblies, integral shaft hearings and sheet metal pulleys.
Ring Plus Aqua acquired majority stake in Trinity India with the signing of the share transfer agreement with the promoters of Trinity India. The deal was funded through internal accruals and facilitated by Equirus Capital.
Ring Plus Aqua has a significant presence in the automotive component world and supplies ring gears, water pump bearings and other applications globally to Cummins, CAT, Fiat, Tata Motors, Hyundai, Ford etc.
Trinity India is engaged in the manufacturing and marketing of Forged Auto Components with presence in the domestic and international markets.
Raymond is largest manufacturer of steel files in the world accounting 30% of market share. The company’s textile plants are located in Thane, Vapi and Chhindwara. These plants have received various certifications such as ISO 9001 for quality management systems and ISO 14001 Environment Control Systems.
| Company Name | CMP |
|---|---|
| Raymond | 1729.40 |
| Siyaram Silk Mills | 873.40 |
| BSL | 282.25 |
| Manomay Tex India | 230.65 |
| Ludlow Jute &Special | 268.25 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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