Mukul Agarwal enters this multibagger textile stock in Q4. Shares up 5% today

Mukul Agarwal Portfolio The ace investor has added Raymond shares to his portfolio by buying 1.50 per cent stake in the multibagger textile stock during January to March 2022. His name appears in the list of individual shareholders of the company, implying that the marquee investor has purchased these shares during Q4FY22. period.

Raymond’s shares are one of the multibagger stocks in 2021 and have given around 185 per cent returns to its shareholders in the past one year. Shares of Raymond have been attracting buyers’ interest since morning deals, following news of the veteran investor buying a stake in this multibagger textile stock.

Raymond’s share price today opened with an upper margin of approx. 8.50 per share and went to intraday high of At 907 level, an increase of about 5 percent from yesterday’s close is registered 861.15 per share on NSE.

Mukul Agarwal’s stake in Raymond

As per the shareholding pattern of Raymond, Mukul Agarwal holds 10 lakh shares of the company, which is about 1.50 per cent of the total paid-up capital of the company. The name of Mukul Agarwal was missing from the list of individual shareholders of the company in shareholding in December 2021. This means that an isolated investor has either purchased the entire shares in the March 2022 quarter or has purchased Raymond shares in Q4FY22 to the extent that his shareholding exceeds 1 per cent of the total paid-up capital of Raymond’s shares Has been.

As per the exchange rules, a listed company is bound to share the names of those shareholders who hold 1 per cent or more of the shares of the company.

Raymond Share Price History

Over the past month, Raymond’s stock price has risen around from 740 900 each level, an increase of more than 20 percent over the period. Similarly, in the last 6 months, this textile stock has almost doubled its shareholders’ money. up to 455 each level 900 levels. In the past one year, this multibagger stock has gained from approx. from 320 900 per share level, provides about 185 percent return to its shareholders over the period.

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