Hot stocks today: Benchmark indices rose in opening trade extending gains for the sixth consecutive session. Gains were led by buying in banks and financials. Brightcom Group, RVNL, Mirza International, and Raymond among hot stocks on April 27, 2023.
Raymond share price surged almost 9% to hit their all-time high of Rs 1,755.35 on BSE today. Watch this Business Today Visual Story to know what is causing this rally in the stock, and should you buy.
As part of the deal, Godrej Consumer is acquiring Raymond s FMCG business which also includes trademarks of Park Avenue, KS, KamaSutra, and Premium. The reason behind the acquisition is to drive profitable growth.
Raymond was trading higher after Moneycontrol reported that Godrej Consumer Products is likely to announce the acquisition of its consumer care business