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GAINING IN POPULARITY AND PROFITS - Raymond Ltd

Dalal Street Investment Journal

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June 20, 2022

Such is the strong status of the company that its stock has risen nearly 52 per cent in last six months while over the month it was able to deliver nearly 26 per cent returns to its shareholders

GAINING IN POPULARITY AND PROFITS - Raymond Ltd

Incorporated in 1925, Raymond Ltd. is a diversified group with interests in the textile and apparel sector as well as a strong presence across diverse segments such as real estate, engineering and fast-moving consumer goods. With exports spanning to over 55+ countries, the Raymond Group has a noteworthy presence across international markets. It operates in the USA, Europe, Japan and the Middle East. The company has a retail network of 1,638 stores, including 1,589 stores in 600 towns and cities in India and 49 overseas stores in nine countries. Its manufacturing plants are located at Vapi in Gujarat, Yavatmal in Maharashtra and Bengaluru in Karnataka.

The Vapi plant is a state-of-the-art manufacturing facility that produces some of the finest fabrics in the world, including worsted fabric. Spread over 163 acres, Raymond’s denim plant is strategically located in the heart of central India’s cotton belt, Yavatmal. High-end suits, jackets, trousers and shirts are manufactured at the Bengaluru plant. Raymond offers an exquisite range of shirting and suiting fabrics across a plethora of options such as worsted fabrics, cotton, wool blends, linen and denim. It has a strong presence in the FMCG space via Raymond Consumer Care.

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