Raymond Ltd. News and Updates

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Raymond Ltd.

10 Jul 2024

607.60

4.99%

New US envoy to Taiwan vows to help with self-defence amid China threats

Business Standard

The United States' new top envoy to Taiwan promised Wednesday that Washington will help the self-ruled island defend itself as China ramps up its military threats. Raymond Greene, who assumed his new role as director of the American Institute in Taiwan on Monday, met with Taiwanese President Lai Ching-te. First of all, and the most important thing, the U.S. will strongly support Taiwan's self-defense capabilities, Greene said. We both have common and long-term interests in peace and stability over the Taiwan Strait. Lai said Taiwan will strive to maintain the status quo with Beijing, which claims the island democracy of 23 million people as its own territory, to be reclaimed by force if necessary. Taiwan's Defense Ministry also said Wednesday it detected 36 Chinese military jets, including J-16 fighters and H-6 bombers, flying south and southeast of the island and headed into the Western Pacific to carry out drills with China's Shandong aircraft carrier. The U.S., like most countr

Raymond Ltd. is trading below all available SMAs

Raymond Ltd.

05 Jul 2024

607.60

4.99%

Raymond group sees realty demerger propelling growth in its businesses

Business Line

Raymond group to restructure into pure-play businesses, aiming for 4,000 crore realty revenue and engineering growth

Raymond Ltd. has lost -59.62% in the last 6 Months

Raymond rallies 7% as Board approves vertical demerger of real estate biz

Business Standard | 05 Jul 2024 3 more

Raymond Ltd.

27 Jun 2024

607.60

4.99%

Gautam Singhania Reappointed As Raymond MD

NDTV Profit

Shareholders were urged to vote against Singhania's appointment by Institutional Investor Advisory Services, a proxy advisory firm.

Raymond Ltd. has lost -60.08% in the last 1 Month

Raymond shareholders approve reappointment of Gautam Singhania as MD

Business Standard | 27 Jun 2024 1 more

Raymond Ltd.

26 Jun 2024

607.60

4.99%

Fabric maker Raymond to add over 100 stores of ethnic wear brand in FY25

Business Standard

Leading textile and fabric manufacturer Raymond has plans to add over 100 stores of its ethnic wear brand 'Ethnix by Raymond', the latest annual report of the company said. Raymond, which has introduced Ethnix format couple of years ago as a brand for occasions and celebrations, now has over 114 stores. The company intends to fuel growth with 'Ethnix By Raymond' as it taps into the exponentially growing segment of ethnic wear in India, it said. "As the Indian weddings are getting glitzier and people are celebrating the various occasions, we have expanded are our store footprint by taking Ethnix by Raymond to the length and breadth of the country," Chairman and Managing Director Gautam Hari Singhania said while addressing shareholders. Ethnix business is already contributing to the topline of the branded apparel segment of Raymond with its strong performance. "Going forward we will open more doors for this category and will be celebrating with Bharat by adding 100+ of new stores of

Raymond Ltd. has lost -60.56% in the last 1 Week

Raymond Plans To Open 100+ Ethnix Stores By FY25

NDTV Profit | 25 Jun 2024

Raymond Ltd.

21 Jun 2024

607.60

4.99%

Raymond surges 12%, hits record high; stock zooms 55% in four months

Business Standard

Raymond share price news: With the acquisition of Maini Precision Products Limited business, Raymond Group aims to venture into sunrise sectors of Aerospace, Defense and EV Components

Raymond Ltd. is trading below all available SMAs

Raymond Ltd.

20 Jun 2024

607.60

4.99%

Raymond - Pioneers Of Fabric - Stitching Up The Complete Brand: Nirmal Bang

NDTV Profit

Aggressive expansion to dominate branded apparel market

Promoters pledged 2.03% of shares in last quarter. Total pledge stands at 11.24% of promoter holdings

Raymond Ltd.

19 Jun 2024

607.60

4.99%

Advisory firm against Gautam Singhania's reappointment to Raymond's board

Business Standard

A proxy advisory firm has recommended the shareholders of the leading textile and fabric manufacturer Raymond to vote against the reappointment of Chairman & Managing Director Gautam Singhania on the board of the company. It has called for an independent investigation into the accusations of domestic violence and misappropriation of funds raised by his estranged wife Nawaz Modi by the board of the company. Moreover, it has also called for Gautam Singhania and Nawaz Modi to step off the board of Raymond until divorce-related issues are settled and the results of an independent investigation are received. Besides, the proxy advisory firm IIAS has also recommended Raymond shareholders to vote against the proposed remuneration structure for Singhania claiming that it allows him to be paid in excess of regulatory thresholds. An e-mail sent to Raymond remained unanswered by the time of filing of the story. Raymond is conducting its Annual General Meeting on June 27, in which it has...