Raymond Share Price Target 2024, 2025, 2030, 2040, 2050
Raymond is the biggest supplier of woollen fibre. It is well-known for producing high-quality woollen and blended fabrics. The company was founded in 1925 and became one of the strongest brands in the textile sector.
It has a wide network in India and other countries. Its headquarters are situated in Mumbai, Maharashtra.
What is Raymond Ltd NSE: RAYMOND?
Contents
- 1 What is Raymond Ltd NSE: RAYMOND?
- 2 Raymond Share Price Target Tomorrow
- 3 Raymond Share Price Target 2024
- 4 Raymond Share Price Target 2025
- 5 Share Price Target 2030
- 6 Share Price Target 2040
- 7 Share Price Target 2050
- 8 Raymond Share Price forecast
- 9 Should I Buy Raymond Stock?
- 10 Raymond Ltd Earning Results
- 11 Key Metrics
- 12 Peers & Comparison
- 13 Is Raymond Stock Good to Buy? (Bull case & Bear case)
- 14 Conclusion
- 15 FAQs
Raymond is an Indian company that does business in the textiles sector. The company was set up in 1925 as Raymond Woolen Mill near Thane Creek. In 1944, Lala Kailashpat Singhania took over the company. The company is known for having various fabric designs and colours. The company do business in India as well as with several countries around the world. It has a large network of stores and outlets all over the country. Over time the company is one of the biggest woollen fabric makers in India.
Its share is trading near the price of 1550(25th October). The share showed a strong bearish movement since starting of September and till now it has continued the trend. There is support near 1490, if the price breaks this support it is expected to reach the price level of 1165. But as of now bearish moment seems weaker and is soon expected to reverse the trend.
| Year | Minimum Price | Maximum Price |
| 2024 | -45 | +75 |
The company does business in the textile industry and various businesses such as personal care items, engineering, clothing, and real estate. Its main focus is on ready-made suits and shirts. Mainly this brand is well-known for men’s fashion, by that time the company had expected it to 3300 pulse stores. In the year 2024, its share price target would be ₹2380 as per our expert’s analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | 1051 | 2380 |
Its share price would be between ₹1051 to ₹2380 as per our expert’s team.
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| November | 1348 | 1600 |
| December | 1465 | 1950 |
There is no doubt that this is a high-quality clothing company but it covers many areas it works in textiles, engineering products, personal care, denim, and real estate. The company do good business in each area and generates a good amount of profits every year. The company focuses on expanding its business, and we can expect good returns. By 2025, its share price target would be ₹3500.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 1600 | 3500 |
In 2025, its share price would be between ₹1600 to ₹3500 as per the technical analysis and market sentiments.
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1600 | 2285 |
| February | 1678 | 2313 |
| March | 1695 | 2590 |
| April | 1710 | 2821 |
| May | 1711 | 2925 |
| June | 1755 | 2911 |
| July | 1878 | 3031 |
| August | 1880 | 3065 |
| September | 1911 | 3155 |
| October | 1927 | 3241 |
| November | 1932 | 3300 |
| December | 2056 | 3500 |
The company always brings new products to attract all kinds of customers. The company is mainly known for its best designing and producing items based on current trends. In the future, the company plans to introduce products in all categories of clothes like premium, medium, and affordable. This strategy will attract all classes of people. So in 2030, its share price target would be ₹9021 as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 7800 | 9012 |
Its share price would be between ₹7800 to ₹9021 as per our analysis.
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 7800 | 7931 |
| February | 7911 | 8051 |
| March | 8000 | 8123 |
| April | 8113 | 8228 |
| May | 8231 | 8321 |
| June | 8311 | 8534 |
| July | 8456 | 8731 |
| August | 8631 | 8821 |
| September | 8731 | 8930 |
| October | 8800 | 8910 |
| November | 8832 | 8868 |
| December | 8910 | 9012 |
The company do business in major countries like Europe, Japan, the USA, and the Middle East, which bring in a good amount of its revenue each year. The company aims to build a strong presence worldwide by providing high-quality products. The company is slowly expanding into new markets and buying smaller companies in its industry to grow faster. By 2040, its share price target would be ₹ to ₹ as per the analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 16321 | 21010 |
In 2040, its share price would be between ₹16321 to ₹21010 as per our expert’s prediction.
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 16321 | 16821 |
| February | 16800 | 17250 |
| March | 17100 | 17321 |
| April | 17621 | 17823 |
| May | 17738 | 17938 |
| June | 17900 | 18113 |
| July | 18100 | 18320 |
| August | 18257 | 18523 |
| September | 18521 | 19210 |
| October | 18921 | 19854 |
| November | 19475 | 20127 |
| December | 20560 | 21010 |
People’s lifestyles are changing and upgrading day by day, and more people are choosing branded and premium products. People are gradually preferring branded clothing, which is helping premium brands grow. This company has already built a strong name in premium clothing, so as demand for these products rises, it will automatically grow more. In 2050, its share price target is expected to be ₹45080 predicted by our expert team.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 40110 | 45080 |
By 2050, its share price would be between ₹40110 to ₹45080 according to our expert analysis.
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 40110 | 40632 |
| February | 40480 | 41143 |
| March | 40885 | 41742 |
| April | 41612 | 42280 |
| May | 41934 | 42689 |
| June | 42570 | 43310 |
| July | 42789 | 43811 |
| August | 43390 | 44021 |
| September | 43680 | 43900 |
| October | 43811 | 44564 |
| November | 44137 | 44711 |
| December | 44525 | 45080 |
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | 1051 | 2380 |
| 2025 | 1600 | 3500 |
| 2030 | 7800 | 9012 |
| 2040 | 16321 | 21010 |
| 2050 | 40110 | 45080 |
Should I Buy Raymond Stock?
The company will grow much in the upcoming time because this time more people are interested in the branded and well-known products. This company is always updated and makes trendy clothes which attract people. Also if we look at its finances then The company’s sales in increased continuously in past years and it always proved a good company to invest in for the long term period.
Raymond Ltd Earning Results
| Mcap Full (Cr.) | 10,385.50 |
| Turnover (Cr.) | 3.44 |
| TTQ (Lakh) | 0.22 |
| EPS | 1390.92 |
| CEPS | 1417.49 |
| ROE | 328.58 |
| Face Value | 10.00 |
| NPM % | 2,429.31 |
| OPM % | 22.61 |
| Cash EPS | 1,320.38 |
| EPS | 5.94 |
| Net Profit | 8,776.38 |
| Revenue | 361.27 |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 1.35 | 2.13 | 0.62% | 39.91 | 6.93 | 0.48% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Raymond Ltd | 6.56 | 2.13 | 0.62% |
| Page Industries Ltd | 85.13 | 30.34 | 0.85% |
| Raymond Lifestyle Ltd | 6.30 | 5.92 | — |
| Safari Industries (India) Ltd | 62.62 | 13.37 | 0.18% |
Is Raymond Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- It has a well-known name and loyal customers, which can help boost sales.
- The company regularly updates its styles to match current trends, attracting new customers.
- There are chances for growth both in India and abroad, which can increase revenue.
- More people in India are looking for premium products.
- It has good financial results. Every year they generate a good profit.
Bear Case:
- The company has to always go with the trend, as no one wants outdated clothes.
- Many other premium brands are out there, which could make it harder for it to keep its market share.
Conclusion
So after a lot of research, we include only that many important factors by which an individual can decide whether to buy its stock or not. In this article, we have discussed the company’s work and its financial growth over time. We have also predicted its future performance by our expert team to read the whole article to know it better.
