Buy Raymond, Century Textiles: Baliga

Ambareesh Baliga of Edelweiss Financial Services told CNBC-TV18, "Textiles - overall especially the known names that is where we are seeing a decent turnaround and the prospects going ahead for the next couple of quarters looks extremely good. So stocks like Raymond and Century Textiles in addition to the real estate bit of it, as and when it works out is quite positive. It could be looked at buying at these levels."

At 10:48 hrs Raymond was quoting at Rs 279.35, up Rs 9.65, or 3.58 percent.

The share touched its 52-week high Rs 488.90 and 52-week low Rs 176.40 on 11 December, 2012 and 28 August, 2013, respectively.