Raymond Ltd, the renowned textile and apparel company, saw its shares drop sharply in early trading on [current date], outpacing the general market downturn. As of 9:30 AM, Raymond’s stock was trading at ₹1,918.05, down 4.04% or ₹80.75 from its previous close.
The stock opened at ₹1,998.50, matching its intraday high, before declining to a low of ₹1,911.00. This significant drop comes against the backdrop of a softer broader market, with the SENSEX down 0.31% and the NIFTY falling 0.36% at 9:31 AM.
As the trading day progresses, investors and market watchers will be keen to see if Raymond’s stock stabilizes or if the downward trend continues. Any company announcements or sector-wide news could further impact the stock’s performance.
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