Indian stock market indices, Sensex and Nifty 50 succumbed to profit booking and traded lower on Thursday. The benchmark Nifty 50 fell below 22,300 level dragged by selling in realty, financials and pharma stocks. Brokerage firm Anand Rathi has suggested two stocks to buy in this market movement. According to the broking house, the current …
Shares of Raymond Ltd nosedived 40 per cent at open on Thursday, as the stock turned ex-date for the demerger of lifestyle business of the company. The stock was trading at a value, excluding the lifestyle business. The demerged business has been separated and would now be listed separately on stock exchanges around August-September. Existing …
Raymond share price on Thursday’s session was locked at a 5% upper circuit, as the shares turned ex-date for the lifestyle firm. Raymond share price today opened at ₹1,950 on the BSE, following a special pre-open price discovery session between 09:45 and 10 AM today. The stock touched an intraday high of ₹2,047.45 apiece on …
The board of Raymond on Thursday approved a scheme of arrangement under which Raymond Realty, the real estate business arm, will be demerged. The demerger is aimed at exploiting the growth potential of the real estate business and attract a fresh set of investors to participate in the realty business, consolidate the entire real estate …
RVNL: The company emerged as the lowest bidder for a project worth Rs 391 crore by Eastern Railway. Torrent Pharmaceuticals: The company signed a non-exclusive patent pact with Takeda Pharmaceuticals to commercialise Vonoprazan in India. Intellect Design Arena: The company’s consumer banking unit announced the launch of the eMACH.ai Digital Engagement Platform (eMACH.ai DEP) at …
Raymond chairman and managing director (MD) Gautam Singhania and his father Vijaypat Singhania have made amends after an ugly public spat over his separation from Nawaz Modi. The Raymond boss on Wednesday posted on social media platform X welcoming his father home. ‘’Happy to have my father at home today and seek his blessings. Wishing …
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The news surrounding the divorce settlement spat between Gautam Singhania and wife Nawaz Modi made headlines last month, taking the Raymond Group shares to a major low. Now, the share prices are recording a slow but steady recovery. Billionaire and Raymond Group MD Gautam Singhania and wife Nawaz Modi(Instagram/ Gautam Singhania) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} …
Raymond Group Chairman and Managing Director (CMD) Gautam Singhania and his estranged wife, Nawaz Modi, have initiated settlement talks amidst the ongoing separation proceedings, which took an ugly turn after the latter levelled allegations of assault. While Nawaz Modi had earlier demanded 75 per cent of Gautam Singhania’s $1.4 billion net worth as settlement for …
Raymond Group managing director and chairman Gautam Singhania is currently in the process of finalising the divorce settlement with his estranged wife Nawaz Modi Singhania, with accusations of domestic violence hurting the stock of his company. However, independent directors of the Raymond Group have said they will be taking all possible measures to protect the …