Q.
What is the 5-10 year projection for this stock? your views are solicited !!
About: Raymond Ltd.
Asked by Gaurav,
24 Feb '11 12:34 pm
Earn 10 points for answering
Answers (1)
1.
Raymond, a premier synthetic and woollen fabrics mfr, is coming out of the rut, after many years of underperformance.
The sale of the real estate should give a fillip to the working and also bolster its working, reserves considerably.
At the least the projection for the next 3-5 year seems very rosy. But, 10 years is a long period to project, even though, the promoters' trackrecord, integrity seems strong, just as the no' 1 brand image of its products.
For more detailed info, mail back at rc_stocks@rediffmail.com
Answered by Ramesh Chordia, 24 Feb '11 12:43 pm
The sale of the real estate should give a fillip to the working and also bolster its working, reserves considerably.
At the least the projection for the next 3-5 year seems very rosy. But, 10 years is a long period to project, even though, the promoters' trackrecord, integrity seems strong, just as the no' 1 brand image of its products.
For more detailed info, mail back at rc_stocks@rediffmail.com
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received