January 5, 2025
Home » Buy Raymond Lifestyle, target price Rs 3,000: Motilal Oswal Financial Services Jobbery Stock Market update New
Buy Raymond Lifestyle, target price Rs 3,000:  Motilal Oswal Financial Services

Motilal Oswal Financial Services recommends buying Raymond Lifestyle, targeting a price of Rs 3,000. Currently priced at Rs 2052.05, Raymond aims to expand its retail network. Plans include increasing EBO count, launching new sleepwear and innerwear categories. The brokerage predicts growth in revenue and profit, valuing Raymond at a PE multiple of 30x by FY27.

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