Raymond Faces Declining Sales and Investor Caution Amid Bearish Outlook

Raymond, a small-cap player in the realty sector, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in the technical trends associated with the stock, moving from a sideways pattern to a mildly bearish outlook.
Key financial metrics indicate a challenging landscape for Raymond. The company reported a significant decline in net sales, with an annual growth rate of -13.03% over the past five years. In the latest quarter, the profit after tax (PAT) fell to Rs 1,445.67 crore, marking a decrease of 24.2%. Additionally, net sales for the last six months were recorded at Rs 1,081.75 crore, reflecting a contraction of 22.35%.

Despite these challenges, Raymond maintains a high management efficiency, evidenced by a return on equity (ROE) of 24.90%. However, institutional investors have reduced their stake by 3.9% in the previous quarter, now holding 18.59% of the company. This trend may suggest a cautious approach among larger investors regarding the company's long-term growth prospects.

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