Raymond soars to record high amid fresh buy ratings

Both firms have set a price target of ₹2,600, implying an upside of nearly 20% from Tuesday’s closing price of ₹2,169.90. Earlier in the day, the stock hit an all-time high of ₹2,240. It has risen by 44.32% in 2023 so far as against 10.65% advance in the benchmark S&P BSE 500.

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