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Raymond Limited ( (IN:RAYMOND) ) just unveiled an update.
Raymond Limited has announced a compliance update regarding a Scheme of Arrangement with Raymond Realty Limited. This involves a record date notice for the arrangement, which has been published in major newspapers. This development is part of Raymond’s strategic restructuring efforts, potentially impacting its operational focus and shareholder value.
More about Raymond Limited
Raymond Limited is a diversified conglomerate with a significant presence in the textile and apparel industry. The company is known for its high-quality fabrics and garments, catering to both domestic and international markets. It also has interests in real estate, engineering, and other sectors.
YTD Price Performance: -8.31%
Average Trading Volume: 33,311
Current Market Cap: 103.4B INR
For a thorough assessment of RAYMOND stock, go to TipRanks’ Stock Analysis page.