Raymond Faces Severe Stock Decline Amid Broader Market Resilience and Competitive Challenges

May 14 2025 09:50 AM IST
share
Share Via
Raymond, a midcap textile company, has faced significant stock volatility, hitting a 52-week low and experiencing a cumulative drop over two days. The stock is trading below key moving averages, contrasting sharply with the broader market's performance, which has shown resilience over the same period.
Raymond, a midcap player in the textile industry, has experienced significant volatility today, with its stock price plummeting by 66.05%. This decline marks a new 52-week low of Rs. 530, reflecting a stark underperformance compared to the broader market. Over the past two days, Raymond has seen a cumulative drop of 66.33%, indicating a troubling trend for the company.

The stock opened sharply lower, continuing a downward trajectory that has persisted for several days. Currently, Raymond is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a sustained period of weakness. In contrast, the Sensex has shown resilience, climbing 367.88 points today, or 0.61%, and trading above its 50-day moving average.

In terms of longer-term performance, Raymond's stock has declined by 75.12% over the past year, while the Sensex has gained 11.68%. The disparity in performance metrics highlights the challenges faced by Raymond in a competitive market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News