Stock Radar: Raymond Lifestyle a turnaround play; target Rs 1,750 in 1–2 years: Bhavik Patel of Tradebulls

  • Posted on July 21, 2025
  • By Business News Today
  • 2 Views
Stock Radar: Raymond Lifestyle a turnaround play; target Rs 1,750 in 1–2 years: Bhavik Patel of Tradebulls

Raymond Lifestyle Ltd shows recovery signs after a 60% fall from its peak in September 2024. Experts suggest long-term investors with high-risk tolerance may consider buying, targeting above Rs 1,700 in 1-2 years. The stock formed a double bottom near Rs 900 and is showing positive technical indicators like DMI and EMA crossovers, indicating a potential turnaround.
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