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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Raymond Limited    RAYMOND   INE301A01014

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RAYMOND, ADITYA BIRLA, RELIANCE PLAN KHADI FORAY

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12/25/2016 | 01:00am CEST

Raymond Ltd, Aditya Birla Fashion Retail Ltd (ABFR) and Reliance Retail Ltd are planning to venture into khadi space. ABFR has placed an order with Udyog Bharti Trust of Gondal for 4,500 metres of khadi, while Raymond would launch khadi apparel in Feb 2017 through its retail stores. Reliance Retail is negotiating with about 80 khadi institutions for sourcing the fabric. Khadi sales were at Rs1,510 crore in 2015-2016, said Khadi and Village Industries Commission.

Copyright (c) 2016 . Informatics India Ltd., source Indian Business Insight

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Financials ( INR)
Sales 2018 60 967 M
EBIT 2018 3 960 M
Net income 2018 1 344 M
Debt 2018 -
Yield 2018 0,61%
P/E ratio 2018 29,24
P/E ratio 2019 19,85
Capi. / Sales 2018 0,75x
Capi. / Sales 2019 0,67x
Capitalization 45 649 M
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Number of Analysts 4
Average target price 632  INR
Spread / Average Target -15%
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Gautam Hari Singhania Executive Chairman & Managing Director
Sanjay Behl Chief Financial Officer
Ishwar Das Agarwal Independent Non-Executive Director
Nabankur Gupta Independent Non-Executive Director
Vijaypat Singhania Chairman-Emeritus
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