Raymond Lifestyle Ltd Sees Surge in Trading Volume and Investor Participation
Raymond Lifestyle Ltd, a key player in the Garments & Apparels sector, has seen significant trading activity today, with over 4.8 million shares exchanged and a market capitalization of Rs 8,051.06 crore. The stock has experienced a notable increase over the past six days, indicating strong investor interest.
Raymond Lifestyle Ltd, a prominent player in the Garments & Apparels industry, has emerged as one of the most active equities today, with a total traded volume of 4,857,134 shares and a total traded value of approximately Rs 65.92 crore. The stock opened at Rs 1,246.0 and reached a day high of Rs 1,411.9, reflecting a significant intraday increase of 15.51%. The stock's performance today has outpaced its sector by 7.69%, contributing to a consecutive gain over the last six days, during which it has appreciated by 27.48%.The stock has shown a wide trading range of Rs 202.4, with the last traded price (LTP) recorded at Rs 1,341.3. Notably, the weighted average price indicates that more volume was traded closer to the lower end of the price range. Additionally, the stock's delivery volume on June 27 surged by 162.72% compared to the five-day average, highlighting rising investor participation.
Raymond Lifestyle's market capitalization stands at Rs 8,051.06 crore, classifying it as a mid-cap company. Overall, the stock's performance today reflects strong activity and positive momentum within the market.
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