Raymond shares soar 18% to fresh record high on demerger

July 5, 2024

Raymond shares surged over 18% to a new 52-week high of Rs 3,480 on BSE following the announcement of the vertical demerger of its real estate business into Raymond Realty, a wholly-owned subsidiary. This strategic move aims to streamline corporate structure, boost shareholder value, and optimize operational efficiencies.

More To Explore

Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import bill

The Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunities for domestic manufacturing and reduce reliance on foreign

May 31, 2026

India-Oman CEPA kicks in June 1: What gets cheaper, which sectors gain, and key benefits explained

India’s Comprehensive Economic Partnership Agreement with Oman comes into effect on June 1, granting New Delhi 100% duty-free access for 98.08% of tariff lines, covering

May 31, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003