Рет қаралды 11,278
Raymond Lifestyle Ltd. was locked in a 5% lower circuit after a stellar market debut on Thursday. Shares of the company listed on the BSE on Thursday at Rs 3,000 apiece, a premium of 99.5% over its base price of Rs 1,503.3 per share. On the National Stock Exchange, the Raymond Lifestyle stock debuted at Rs 3,020 per share, marking a premium of 93% against the base price of Rs 1,562.6 per share. The scrip was down 5% at Rs 2,850 apiece compared to a 0.09% decline in the benchmark S&P BSE Sensex as of 11:35 p.m. Gautam Singhania-led Raymond Ltd. demerged its consumer lifestyle business to create a pure-play consumer branded apparel and textiles business. Post the demerger, Raymond Lifestyle will have four key segments-wedding and ethnic wear, garments exports, branded apparel and textiles.
#raymondlifestyle #stockmarketnews #raymond
--------------------------------------------------------------------------------------------------------------------------------------------------
For more videos subscribe to our channel: / @ndtvprofitindia
Visit NDTV Profit for more news: www.ndtvprofit...
Don't enter the stock market unaware. Read all Research Reports here: www.ndtvprofit...
Follow NDTV Profit here
Twitter: / ndtvprofitindia , / ndtvprofit
LinkedIn: / ndtvprofit
Instagram: / ndtvprofit
Facebook: / ndtvprofit