This week Brands that Build India looks at a brand that every urban Indian man knows and perhaps, owns. The Raymond brand dates all the back to 1925 when a small woollen mill called Raymond Woolen Mills was set up in Thane, near Mumbai.
This week Brands that Build India looks at a brand that every urban Indian man knows and perhaps, owns. The Raymond brand dates all the back to 1925 when a small woollen mill called Raymond Woolen Mills was set up in Thane, near Mumbai. It initially manufactured lowly priced blankets before it gradually moved to the top quality fabrics market. Today, some of the more exclusive Raymond's suits run into laksh of rupees. For its royal customers, it is a small price to pay to feel like the complete man.
For more, watch accompanying videos...
Raymond stock price
On January 05, 2015, Raymond closed at Rs 513.55, down Rs 2.75, or 0.53 percent. The 52-week high of the share was Rs 579.50 and the 52-week low was Rs 255.85.
The company's trailing 12-month (TTM) EPS was at Rs 13.88 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 37. The latest book value of the company is Rs 179.34 per share. At current value, the price-to-book value of the company is 2.86.
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