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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.

Raymond, EIL: Trading strategies in stocks that exited $1 bn marketcap club
Updated On : 05 Mar 2025 | 1:19 PM IST

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

Sunil Kataria to step down as MD, board member of Raymond Lifestyle
Updated On : 11 Feb 2025 | 9:00 PM IST

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

Raymond to develop Rs 1,800 cr housing project in Mumbai with landowner
Updated On : 07 Feb 2025 | 3:32 PM IST

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

Slow start, but strong retail growth expected: Raymond CMD Gautam Singhania
Updated On : 30 Jan 2025 | 10:40 PM IST

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 Lifestyle Q3 results: Net profit falls 60.5% to Rs 64.17 cr
Updated On : 30 Jan 2025 | 3:47 PM IST

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

Raymond shares advance 4% after revenue jumps 41% in Q3 results; know more
Updated On : 30 Jan 2025 | 12:35 PM IST

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

Restaurant Brands Asia slumps 4% after net loss widens to Rs 50 cr in Q3
Updated On : 30 Jan 2025 | 10:44 AM IST

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

Raymond Realty Q3FY25 results: Revenue grows 11% to Rs 487.8 crore
Updated On : 29 Jan 2025 | 8:54 PM IST

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

Gautam Singhania-backed SCCG seeks licence to restore foreign cars
Updated On : 12 Jan 2025 | 10:59 PM IST

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

Raymond Lifestyle up 3% as Motilal Oswal reiterates 'Buy'; 49% upside eyed
Updated On : 26 Dec 2024 | 12:22 PM IST

Raymond rallies 12% on heavy volumes; stock soars 37% from 52-week low

Till 12:14 PM, a combined 5.07 million shares, representing 7.6 per cent of the total equity of Raymond, had changed hands on the NSE and BSE

Raymond rallies 12% on heavy volumes; stock soars 37% from 52-week low
Updated On : 10 Dec 2024 | 12:57 PM IST

Shareholders approve Gautam Singhania as Raymond Lifestyle chairman

Gautam Hari Singhania has been appointed executive chairman of Raymond Lifestyle Limited, with 86.85% shareholder approval, despite sharp criticism over governance and reputational risks

Shareholders approve Gautam Singhania as Raymond Lifestyle chairman
Updated On : 05 Dec 2024 | 1:08 PM IST

Gautam Singhania faces opposition over Raymond Lifestyle's chairman role

Two advisory firms have urged shareholders to reject Gautam Singhania's appointment as executive chairperson of Raymond Lifestyle, citing concerns over governance, transparency, and reputational risks

Gautam Singhania faces opposition over Raymond Lifestyle's chairman role
Updated On : 03 Dec 2024 | 10:29 AM IST

Stocks to Watch, Dec 2: HUL, Raymond, SBI, Cipla Titan, Adani Group shares

Stocks to Watch, Dec 2: Here is a list of stocks that will be in focus for today's session

Stocks to Watch, Dec 2: HUL, Raymond, SBI, Cipla Titan, Adani Group shares
Updated On : 02 Dec 2024 | 7:26 AM IST

Raymond Realty may get listed in Q2 FY26, says CEO Harmohan Sahni

Raymond Realty CEO Harmohan Sahni said the firm had six projects with three more estimated to be launched next year

Raymond Realty may get listed in Q2 FY26, says CEO Harmohan Sahni
Updated On : 01 Dec 2024 | 11:30 PM IST

Raymond receives NOC from exchanges for demerger of its realty business

After the demerger, the resulting company, Raymond Realty Limited (RRL), will be listed on both stock exchanges after obtaining the necessary approvals

Raymond receives NOC from exchanges for demerger of its realty business
Updated On : 22 Nov 2024 | 4:03 PM IST

Raymond gains 7% as BSE, NSE give nod to demerger & listing of realty biz

This development comes after, on July 4, 2024, Raymond's board of directors approved the demerger of Raymond and Raymond Realty Limited

Raymond gains 7% as BSE, NSE give nod to demerger & listing of realty biz
Updated On : 22 Nov 2024 | 11:15 AM IST

Raymond Lifestyle plunges 8%, at new low on weak Q2 operational performance

Q2 earnings impact: Total income was down 6.2% to Rs 1,735 crore, due to subdued demand and logistics delays in Garmenting business.

Raymond Lifestyle plunges 8%, at new low on weak Q2 operational performance
Updated On : 06 Nov 2024 | 11:55 AM IST

Raymond Lifestyle Q2 results: Profit slides 70%, revenue at Rs 1,708 cr

During the quarter, Raymond Lifestyle's revenue from the Textile segment, which consists of the branded fabric business of the company, was down 8.48 per cent to Rs 853.52 crore

Raymond Lifestyle Q2 results: Profit slides 70%, revenue at Rs 1,708 cr
Updated On : 06 Nov 2024 | 11:44 AM IST

Raymond share price gains 5% as Q2 profit more than doubles; details here

The surge in Raymond share price came after the company posted a healthy set of numbers in the September quarter of financial year 2025 (Q2FY25)

Raymond share price gains 5% as Q2 profit more than doubles; details here
Updated On : 05 Nov 2024 | 10:10 AM IST