Gautam Singhania, Chairman & MD of Raymond, focused on the company’s strategic developments, including capacity expansion and debt eradication through selling the FMCG business. He shared insights on the post-COVID recovery, business demergers, and growth in real estate and textile sectors, noting timely project completions and the potential benefits from Make in India and shifting global manufacturing preferences.
Zomato shares advance 7% as CLSA adds stock to ‘high conviction overweight’, raises target price to Rs 400
Zomato share price: CLSA has reiterated its bullish stance on Zomato, adding the stock to its “High Conviction Overweight” list and raising the target price