India's Raymond falls after Q2 profit drop

Raymond

28/10/2025 08:08

** Shares of aerospace and auto components supplier Raymond RYMD.NS fall 2.4% to 576.7 rupees, their biggest intraday-pct loss in nearly a month

** Co reports 20% fall in Q2 profit, as rising expenses outpaced revenue growth; rev up 11.4%

** Stock rated "strong buy" on avg; median PT 903 rupees - data compiled by LSEG

** Stock up 5% YTD

 (Reporting by Aleef Jahan)

 ((aleefjahan.cs@thomsonreuters.com))