Buy Raymond, target Rs 1,115: Dr CK Narayan

INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Raymond with a target price of Rs 1,115. The current market price of Raymond is Rs
1,087.50. Time period given by the analyst is Intra Day when Raymond price can reach the defined target
Dr CK Narayan recommended keeping a stop loss at Rs 1,080. Raymond, incorporated in the year 1925, is a Mid Cap company (having a market
cap of Rs 6,540.13 Crore) operating in Textiles sector
Mr.Nabankur Gupta, Mr.Pradeep Guha, Mrs.Nawaz Gautam Singhania
The company has Dalal Shah LLP as its auditors. As on 31-03-2018, the company has a total of 61,380,854 shares outstanding.