Raymond shares soar 18% to fresh record high on demerger
Shares of Raymond Limited on Friday rallied over 18% to a fresh 52-week high of Rs 3,480 on BSE after announcing the vertical demerger of its real estate business into its wholly-owned subsidiary Raymond Realty. Aimed at simplifying corporate structure and enhancing shareholder value for operational and structural benefits, the move will allow independent, dedicated … Read more
