However, the base at the lifestyle business is already quite large so that is one on the growth path. Second thing, you see the whole corporatization value and you see that an investor of what we had today was in the Raymond Limited you had both the businesses of lifestyle and real estate. Now both are separate, so you have a very pure play net debt free listed entities.
Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; HDFC Bank biggest laggard
The combined market valuation of five of the top-10 most-valued firms eroded by Rs 1 lakh crore last week, with HDFC Bank taking the biggest