Positive on Raymond: Ajay Parmar, Emkay Global Financial Services

Ajay Parmar, Head - Institutional Research, Emkay Global Financial Services, in a chat with ET Now talks about Raymond.

Have you looked at Raymond at all?

In Raymond we see their core business and people have a very good recall. Textile itself has done really well this time. The profitability has also increased. So they are getting the benefits of both the sides - the real estate as well as the core business. We do not have the coverage on the stock but definitely we are very positive on the stock.