Stocks to Watch, 7 August: Stocks like Eternal, Hero MotoCorp, Trent, Bharat Forge, BHEL, Lumax Industries, Jindal Stainless, Fortis Healthcare, Datamatics Global, Bajaj Holdings, Cash Ur Drive Marketing, and Renol Polychem will be in focus on August 7.
Raymond Realty share price: After the IPO-less market debut, the shares surged 5% to hit the upper circuit at Rs 1,050 apiece. Later, they erased all gains to close in the red at Rs 999 apiece.
The real estate arm of Raymond Group reported a topline of around Rs 2,300 crore in FY25 — a growth of over 40 percent year-on-year — while its profit before tax stood at around Rs 372 crore. The company’s management has guided for annual growth of around 20 percent in pre-sales bookings over the next few years.
As part of the initiative, the state government has offered a slew of incentives that include up to 30% capital subsidy, 100% exemption of electricity duty for 10 years
In December 2024, Raymond Chairman Gautam Singhania told Moneycontrol that the realty operations may be listed separately in August 2024, after the demerger from the parent.
Realty shares gained, tracking a broader positive sentiment in the domestic market after widespread selling in the previous session.
Stocks to watch, 13 May: Stocks like Raymond, Care Ratings, One 97 Communications Paytm, Kfin Technologies, Premier Explosives, Aether Industries, Sundaram Clayton, Northern Arc Capital, Motilal Oswal Financial Services, and Tanla Platforms will be in focus on May 13.
At 59, Gautam Singhania is taking a pragmatic view of succession, balancing professional management with his daughters' dreams even as he lays the foundation of a trusted, enduring Raymond for the next generation
Stocks to Watch, Mar 28: Stocks like Punjab & Sind Bank, UCO Bank, Adani Green Energy, Piramal Enterprises, Raymond, SBI Life Insurance Company, Jio Financial Services, CESC, DCM Shriram, Aditya Birla Fashion and Retail, Power Finance Corporation, Hilton Metal Forging, Khaitan Chemicals, Uflex, and BEML will be in focus on March 28.
Stocks to Watch, Mar 24: Stocks like Reliance Industries, Apollo Hospitals Enterprise, Power Grid Corporation, Allied Blenders and Distillers, Sundaram-Clayton, IRCON International, NMDC, Power Finance Corporation, UCO Bank, Larsen & Toubro, Insolation Energy, Hindustan Copper, IFCI, and IIFL Capital Services will be in focus on March 24.
Stocks To Watch, Mar 20: Stocks like Raymond, Adani Enterprises, Mishra Dhatu Nigam, Can Fin Homes, HIL, SBFC Finance, and Mahindra Lifespace Developers will be in focus on March 20.
"I am thankful to the Board of Directors for the memorable association during my tenure and supporting me throughout my term," she wrote.
Raymond Ltd led the rally, surging 18.35 percent to hit an intraday high of Rs 1,457.3 per share on the NSE. The stock extended its gains for the second straight session.
Stocks To Watch, Jan 30: Stocks like eClerx Services, Tamilnad Mercantile Bank, Capital Small Finance Bank, Raymond, Samhi Hotels, IFB Agro Industries, Chalet Hotels, Jindal Stainless, Restaurant Brands Asia, SRF, Ask Automotive, Blue Dart Express, GR Infraprojects, Afcons Infrastructure, Sona BLW Precision Forgings, and 3M India will be in focus on January 30.
Raymond also announced plans to invest Rs 50 crore in unit Ten X Realty West, a wholly-owned subsidiary of the company, to support a joint redevelopment project.
Raymond's real estate business, Raymond Realty, is in the process of being demerged from the parent and listed separately on the exchanges.
The market slipped back into the red after enjoying two days of strong gains as investors cheered for the BJP's landslide win in Maharashtra. Looking ahead, analysts feel valuations, FII selling and earnings growth will remain the key driver for market sentiment.
BJP-led Mahayuti alliance's landslide victory in Maharashtra is expected to bring the focus back on infra development which bodes well with real estate companies.
This milestone comes two months after the company completed the demerger of its lifestyle business