1 hr ago
Raymond Shares Hit Record High After Demerger-Driven Buying Surge
Raymond’s shares have risen sharply over the past six months.
Raymond Realty’s shares also increased on the same day.
The companies recently completed a demerger, which separated their businesses into different listed companies.
This makes it easier for investors to see how each business is performing.
Many investors are buying the shares after reassessing their value.
Raymond is focusing on engineering and precision technology.
It is also expanding into aerospace manufacturing.
Raymond Realty is focused on real estate and has a strong Q1 order book, according to an analyst.
The analysts quoted in the article believe both businesses could perform well over the long term.
Raymond shares reached a record high and gained more than 200% in six months.
Raymond Realty rose 4.42% to Rs 609.35, lifting its six-month gain to 70.52%.
Analysts attributed the buying interest to the completion of Raymond Group’s demerger.
The restructuring separated Raymond’s engineering and precision technology business from Raymond Realty’s real estate operations.
Analysts also cited Raymond’s aerospace expansion and Raymond Realty’s strong Q1 order book as longer-term positives.
- Who
- Raymond, Raymond Realty Ltd, and investors; analysts Ravi Singh and Kranthi Bathini provided comments.
- What
- Raymond shares hit a record high after rising more than 200% in six months, while Raymond Realty also gained.
- Where
- The article discusses the companies’ listed shares and Raymond’s expansion into India’s aerospace sector; no specific exchange is identified.
- When
- The surge was reported today, following the completion of the group’s demerger; the cited performance covers six months.
- Why
- Buying interest increased after the demerger separated the businesses, while analysts also cited Raymond’s aerospace expansion and Raymond Realty’s strong Q1 order book.
Key facts
- Raymond six-month gain
- More than 200%
- Raymond Realty latest move
- Up 4.42% to Rs 609.35
- Raymond Realty six-month gain
- 70.52%
- Demerger effect
- The group’s businesses were separated into distinct listed entities.
- Raymond’s focus
- Engineering and precision technology, with expansion into aerospace manufacturing
- Raymond Realty’s focus
- Real estate
- Analyst outlook
- The analysts cited positive longer-term prospects for both companies.
Quotes
Kranthi Bathini
Equity Strategist at WealthMills Securities
“With the demerger now completed, investors are reassessing the standalone entities. This has led to increased trading activity and buying interest across the Raymond Group stocks. The sharp moves in Raymond and Raymond Realty reflect this post-demerger repricing and the market's response to the potential value unlocking.”
businesstoday.in
“Raymond is expanding its precision engineering division into aerospace manufacturing, which is one of the sunrise sectors in India. The company's order book and earnings visibility look promising from a medium- to long-term perspective. Investors with a long-term horizon can hold on to the counter.”
businesstoday.in
Sources
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