From ₹1,487 to ₹3,480: Raymond shares more than doubles in 8 months
On Friday, Raymond shares rallied 18.3% to hit a fresh record high of ₹3,480.35 on the BSE, after it announced the demerger of its real estate business.
gautam singhania
July 2024
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August 2012
Raymond announces demerger of its real estate business
Each Raymond shareholder will receive 1 share of Raymond Realty for every 1 share held in Raymond.
Raymond Q4 results: Profit drops 26% to ₹194 cr; declares dividend of ₹3
The consolidated net debt reduced by ₹399 crore to ₹689 crore as of March 31, 2023, as compared to ₹1,088 crore as on March 31, 2022.
'Every family has issues' – Gautam Singhania
Raymond has reset close to ₹700 crore of costs in order to bring the business back in line.
Too fast, too furious: Will Merc's India plan pay off?
German luxury automaker Mercedes-Benz has gotten attention with a new assembly line in Pune to put together its premier AMG line-up. Will it manage to rope in more buyers as well?
Good blueprint, but gaps remain: India Inc.
Focus on infra, housing, financial services, labour reforms welcome; but concerns remain on corporate tax, ability to meet disinvestment target.
Will Raymond dress tomorrow's man?
As the clothing business begins to follow international trends, chairman Gautam Singhania needs to reinvent his company to stay the first choice of the complete man.
