Raymond announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 5 November 2019 .

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Adani Green Energy Ltd, Vodafone Idea Ltd, NCC Ltd and Delta Corp Ltd are among the other gainers in the BSE's 'A' group today, 09 October 2019.

Raymond Ltd spiked 8.76% to Rs 595 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 54419 shares were traded on the counter so far as against the average daily volumes of 44813 shares in the past one month.

Adani Green Energy Ltd surged 6.99% to Rs 72.75. The stock was the second biggest gainer in 'A' group. On the BSE, 5.11 lakh shares were traded on the counter so far as against the average daily volumes of 3.3 lakh shares in the past one month.

Vodafone Idea Ltd soared 6.45% to Rs 5.45. The stock was the third biggest gainer in 'A' group. On the BSE, 100.05 lakh shares were traded on the counter so far as against the average daily volumes of 177.56 lakh shares in the past one month.

NCC Ltd added 5.84% to Rs 49.85. The stock was the fourth biggest gainer in 'A' group. On the BSE, 12.08 lakh shares were traded on the counter so far as against the average daily volumes of 21.46 lakh shares in the past one month.

Delta Corp Ltd gained 5.19% to Rs 165.3. The stock was the fifth biggest gainer in 'A' group. On the BSE, 89849 shares were traded on the counter so far as against the average daily volumes of 1.66 lakh shares in the past one month.

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JK Investo Trade (India) (JKIT), an associate company of Raymond, has entered into an agreement for sale (AFS) for its property measuring 78,310 sq. meters (about 20 acres) located at Thane (West) with an affiliate of Virtuous Retail South Asia for Rs 700 crore subject to payment of taxes, cost of approval as applicable.

The land parcel at Raymond junction adjoining the Singhania School has a significant advantage in terms of its location and this deal is seen to be iconic as it will bring in significant commercial development in Thane.

Raymond holds 47.66% stake in J.K. Investo Trade (India).

Meanwhile, the S&P BSE Sensex was up 0.38 points to 37,532.36.

On the BSE, 39,000 shares were traded in the Raymond counter so far compared with average daily volumes of 29,000 shares in the past one quarter. The stock hit a high of Rs 595.05 and a low of Rs 560 so far during the day.

The stock hit a 52-week high of Rs 884.85 on 21 Dec 2018. The stock hit a 52-week low of Rs 533.1 on 23 Aug 2019.

Raymond reported a consolidated net loss of Rs 14.83 crore in Q1 June 2019 compared with a net profit of Rs 0.73 crore in Q1 June 2018. Net sales jumped 14.7% to Rs 1,435.12 crore in Q1 June 2019 over Q1 June 2018.

Raymond is India's largest integrated worsted suiting manufacturer that offers end-to-end solutions for fabrics and garmenting.

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Raymond will hold a meeting of the Board of Directors of the Company on 24 October 2019.

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