Midcap Stock Just Turned

Mukul Agrawal ₹28 Cr Richer

in One Day!"

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01

Successful investor Mukul Agrawal's wealth significantly increased today.

02

The reason for the increase is the excellent performance of Raymond's stock.

03

The stock surged by over 12%, hitting a one-year high at ₹2,240 on Tuesday.

04

Mukul Agrawal owns 1.65% of Raymond's shares, which equals 1,100,000 shares.

05

Yesterday, when the stock closed at ₹1,977.70, his shares were worth ₹217.54 crore.

06

Today, with the stock reaching a new high of ₹2,240, the value of his shares rose to ₹246.4 crore.

07

This increase was driven by positive ratings from two research firms, Motilal Oswal and Jefferies.

08

Both firms gave the stock a 'buy' rating and anticipate it could reach ₹2,600, a more than 30% increase from its last closing price of ₹1,977.70.

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