Archive · 18 Jul 2025
Raymond's Stock Expected to Rise Due to Strategic Transformation
Raymond, a company, saw its stock price increase after a positive review from a brokerage firm.
The firm, Antique Stock Broking, thinks the stock is ready to go up and set a price target.
Raymond is changing its business by splitting some parts and entering new areas like making things for cars, airplanes, and the defense industry.
Experts predict the company's sales and profits will grow quickly because of these changes.
The company's expansion into electric vehicles and its focus on innovation should help it to keep growing and doing well.
Raymond shares rose by up to 2% on Friday, July 18.
Antique Stock Broking assigned a 'Buy' rating with a target price of Rs 903 per share.
Antique projects significant revenue, EBITDA, and profit growth for Raymond.
Raymond is restructuring into Automotive Components, Engineering Tools, and Aerospace.
The company is expanding into high-growth areas like defense, aerospace, and electric vehicles.
- Who
- Raymond, Antique Stock Broking.
- What
- Raymond's stock price increased following a positive outlook from Antique Stock Broking.
- When
- The stock rose on Friday, July 18.
- Where
- On the BSE.
- Why
- Due to Raymond's strategic transformation and expansion into high-growth sectors.
Analysts View
N/A
Growth Prospects
Analysts View
Analysts expect high growth for Raymond in the coming years.
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N/A
- Stock Movement
- Up to 2% increase
- Target Price (Antique)
- Rs 903 per share
- Brokerage Rating
- 'Buy'
- Main Business Areas
- Automotive Components, Engineering Tools, and Aerospace
- Projected Revenue Growth
- 16% annually
- Operating Margin Target (FY28)
- 15.3%