Raymond Realty shares saw their worst session since listing on the bourses, as the stock fell over 8 per cent on Wednesday
Raymond, which celebrated its centenary this year, has embarked on a massive exercise to redefine skills for the modern age and is using automation to improve its productivity and efficiency, a top company official said. In a bid to create an engaged and skilled talent workforce that is 'ready-for-the-future', the 100-year old group is leveraging AI and automation in people practices. "We are in the process of implementing a very powerful HRMS system which has the ability to deploy AI. However, we are committing to preserving the human-centric ethos of the organisation. "Through extensive training, we will be sensitising people managers on working with empathy and emotional intelligence in the age of AI," KA Narayan, President, HR, Raymond, told PTI. Raymond is a diversified group with majority business interests in textile & apparel sectors and a presence across varying segments such as consumer care, realty and engineering in national and international markets. Its 100-year ...
Industrial listings see strong investor response while real estate debuts Kalpataru and Raymond Realty deliver modest or flat returns despite strong sectoral interest
One in every 10 Nifty 500 stocks shed over 20% in the first-half of 2025. Here are 5 stocks among the top losers, which can potentially gain up to 23% in second-half this year, as per technical charts
On the National Stock Exchange (NSE), too, Raymond Realty shares listed weak, debuting at ₹1,000 as against its discovered price of ₹1,039.30
Share price of Raymond has zoomed 67 per cent and Raymond Lifestyle by 64 per cent from their respective 52-week lows touched on April 7, 2025.
Raymond Realty is targeting a 30 per cent increase in its sales bookings this fiscal year to Rs 3,000 crore on strong launch pipeline of residential projects and robust demand. Raymond Realty, which is getting listed on stock exchanges on July 1 after demerger from Raymond Ltd, will launch six residential projects this fiscal year in the Mumbai Metropolitan Region with an estimated revenue potential of about Rs 14,000 crore. In an interview with PTI, Raymond Realty CEO Harmohan Sahni said housing demand continues to be strong, especially for reputed real estate developers. About sales bookings guidance for 2025-26, he said, "We are targeting Rs 3,000 crore pre-sales for the current fiscal year." Sahni said the company believes in keeping conservative target and over-achieving. Mumbai-based Raymond Realty, one of the leading real estate firms in the country, sold properties worth Rs 2,314 crore last fiscal year as against Rs 2,268 crore in the preceding year. Raymond Realty's reve
Raymond's ₹1,200 crore investment in Andhra targets garments, auto parts, and aerospace as part of the state's new industrial drive alongside ₹28,546 crore in SIPB approvals
Raymond Realty will launch six residential projects this fiscal in the Mumbai Metropolitan Region with an estimated revenue potential of about Rs 14,000 crore as the company looks to expand the property business amid strong demand. In an interview with PTI, Raymond Realty CEO Harmohan Sahni announced that the company will get listed on stock exchanges on July 1, post demerger of the real estate vertical from Raymond Ltd, which will now focus on just the engineering vertical. The demerger will position Raymond Realty to pursue its growth trajectory as an independent pure-play real estate business. Sahni highlighted that the company has a huge land bank in the Mumbai Metropolitan Region (MMR). "In 2019, we started our first project. In the last six years, we have built a significant presence at Thane and Mumbai in MMR," Sahni said. "The total gross development value (GDV) of about Rs 40,000 crore is what our portfolio looks like today. Out of that Rs 10,500 crore worth of projects h
Spun off from Raymond, the real estate arm expects 20 per cent Ebitda growth and 20-25 per cent bookings rise in FY26 as it prepares for listing in early July
In July, Raymond Ltd proposed to demerge its realty business which was approved by the company's board
Raymond proposed to demerge its realty business in July 2024. According to the company, the move would unlock the value for shareholders and harness growth potential in the Indian real estate market
The ex-date for a demerger is the date on which shares of the parent company start trading without the right to receive shares of the demerged (spun-off) company
Raymond shares hit 52-week low, plunging over 64%, falling from ₹1,561.3 to ₹523 today. Watch the video to know why
Stocks to Watch on Apr 2, 2025: Zomato, Swiggy, auto stocks, and others will remain in focus today
Oberoi Realty, Godrej Properties, Prestige Estates were down over 3 per cent, Macro Tech Developers, Phoenix Mills, DLF, Sobha, and Brigade Enterprises slipped 2 per cent
With this latest addition, the gross development value of Raymond's real estate projects is set to approach ₹40,000 crore
Nifty Realty Index -- the gauge for stocks of real estate companies -- has surged 10.2 per cent, so far, this week
Raymond's stock rose as much as 4.43 per cent during the day to Rs 1,479.19 per share, to the highest level since February 11 this year
We thank Nawaz Modi Singhania for her services as a board member over the years, says Gautam Singhania