Raymond has bounced back strongly with revival of the economy and increasing demand from its consumers led by the onset of wedding season and adoption of hybrid working culture. Also, cost control and store rationalization measures taken were fruitful leading to higher operational margins, positive cash flows and substantial reduction in debt. Each of the businesses has performed well posting positive to higher margins in Q2FY22. To further unlock value from each of the business segments, the management has recently announced a new initiatives of restructuring. Under this new initiatives, the company has consolidated its Engineering business comprising of Tools & Hardware and Auto Components into JK Files Ltd, is subsidiarising its Real...