Raymond was trading 5 percent higher in late trade on April 27 amid talk of acquisition by Godrej Consumer, as reported by Moneycontrol, continuing its northward journey.
The stock has surged 58 percent after rising to Rs 1,109 on March 28. It touched the day’s high of Rs 1,756 on April 27 and trading at Rs 1,694, at the time of writing this article.