Page 2 - Raymond

Raymond shares hit 5% upper circuit three days in row; What's behind surge?

In July, Raymond Ltd proposed to demerge its realty business which was approved by the company's board

Raymond shares hit back-to-back upper circuits for 2 days; Here's why

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

Why did Raymond shares drop 66% from ₹1,500 apiece to ₹500 in a day?

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

₹1500 to ₹530: Why Raymond's share fell 65% in a day

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: CSB Bank, Zomato, Swiggy, auto stocks, MTNL

Stocks to Watch on Apr 2, 2025: Zomato, Swiggy, auto stocks, and others will remain in focus today

Oberoi Realty, Sobha: Nifty Realty falls 4%; What's worrying investors?

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

Raymond signs joint venture for ₹5,000 crore residential project in Mumbai

With this latest addition, the gross development value of Raymond's real estate projects is set to approach ₹40,000 crore

DLF, Raymond: Nifty Realty index zooms 10% this week; more steam left?

Nifty Realty Index -- the gauge for stocks of real estate companies -- has surged 10.2 per cent, so far, this week

Raymond share price jumps 4% today, rallies 20% in 4 days - Here's why

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

Nawaz Modi Singhania steps down as director from the Raymond board

We thank Nawaz Modi Singhania for her services as a board member over the years, says Gautam Singhania

Raymond, EIL: Trading strategies in stocks that exited $1 bn marketcap club

Technical chart shows that select stocks such as Raymond, TTK Prestige and Engineers India which dropped out of the elusive club can slide another 19 per cent from here on.

Sunil Kataria to step down as MD, board member of Raymond Lifestyle

"Sunil (Kataria) has been instrumental in strengthening Raymond Lifestyle's market presence and leading the company through phase one of our transformation," said Singhania

Raymond to develop Rs 1,800 cr housing project in Mumbai with landowner

Real estate company Raymond Ltd has partnered with a landowner to develop a housing project in Mumbai with an estimated revenue potential of Rs 1,800 crore. In a regulatory filing on Friday, Raymond Ltd said that "its 100 per cent owned step-down subsidiary, Ten X Realty West Ltd, has signed a joint development agreement of a prestigious residential project in the prime location of Mahim West, Mumbai." This landmark project is estimated to have a revenue potential of approximately Rs 1,800 crore, it added. Raymond Ltd did not disclose the name of the landowner and also the size of the land as well as total development potential in the upcoming project. This significant development aligns with Raymond Ltd's growth strategy to capitalise on opportunities within the dynamic MMR (Mumbai Metropolitan Region) real estate market. "With addition of this project, the Gross Development Value (GDV) of real estate projects of the company will be close to Rs 35,000 crore," the company said. W

Slow start, but strong retail growth expected: Raymond CMD Gautam Singhania

The retail business was somewhat slow initially, but it has picked up over the past seven to eight days, said Gautam Singhania, chairman and managing director of Raymond

Raymond Lifestyle Q3 results: Net profit falls 60.5% to Rs 64.17 cr

Raymond Lifestyle Ltd on Thursday reported a 60.5 per cent decline in consolidated net profit at Rs 64.17 crore in the third quarter ended December 31, 2024, impacted by weak market conditions and higher expenses. The company had posted a net profit of Rs 162.43 crore in the same quarter last fiscal, Raymond Lifestyle said in a regulatory filing. Revenue from operations in the quarter under review stood at Rs 1,754.21 crore as against Rs 1,726.26 crore in the year-ago period, it added. Total expenses in the third quarter were higher at Rs 1,708.37 crore as compared to Rs 1,546.22 crore in the corresponding period last fiscal. The cost of materials consumed was higher at Rs 366.02 crore as against Rs 339.47 crore in the year-ago period, the company said. "Q3FY25 continued to be a challenging quarter for our business. Despite weaker market conditions, our efforts have resulted in low single-digit revenue growth," Raymond Lifestyle Managing Director Sunil Kataria said. The company sa

Raymond shares advance 4% after revenue jumps 41% in Q3 results; know more

Raymond share price gained 3.79 per cent at Rs 1,564.50 a piece on the BSE in Thursday's intraday trade after the company delivered a significant rise in revenues for the third quarter

Restaurant Brands Asia slumps 4% after net loss widens to Rs 50 cr in Q3

Restaurant Brands Asia share price gained 3.74 per cent at Rs 69.41 a piece on the BSE in Thursday's intraday trade after the company's net loss surged for the third quarter of financial year 2024-25

Raymond Realty Q3FY25 results: Revenue grows 11% to Rs 487.8 crore

The company's Ebitda stood at Rs 116 crore, up 19.6 per cent YoY

Gautam Singhania-backed SCCG seeks licence to restore foreign cars

SCCG claimed that labour costs in India are considerably lower than in countries like the UK, where restoration can cost upwards of £100-£200 per hour

Raymond Lifestyle up 3% as Motilal Oswal reiterates 'Buy'; 49% upside eyed

The northward movement in Raymond Lifestyle's share price followed domestic brokerage firm Motilal Oswal reiterating a 'Buy' rating, maintaining a target price of Rs 3,000