Raymond‘s share price continued to make gains for the second straight session on Monday as the stock jumped up over 3.5% to hit a new 52-week high of ₹1,786.60. Shares of the textile giant have been on an uptrend. The stock has gone up over 11% in just the past month.
As per the latest shareholding data, ace investor Mukul Agrawal holds a 1.80% stake in the company. So with the surge today here’s how much Raymond added to Agrawal’s net worth today.
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When the stock closed at ₹1,725.80 on Friday, the value of Agrawal’s 1,198,018 shares was around ₹206.75 crore. Today with the surge the value of his holding went up to ₹214.03 crore. An increase of around ₹8 crore.
Raymond is one of the many stocks that Agrawals holds publicly. Apart from Raymonds, Agrawal owns a stake in Radico Khaitan, Karur Vyasa Bank, Ethos, Ceat and several more.
Price Action: Raymond’s share price was up 0.15% to trade at ₹1,728.40 in the late hours of trading on Monday.
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