2 hrs ago
Why Raymond and Raymond Realty Shares Are Surging Today
The Raymond Group split its businesses into separate companies.
Raymond now focuses on engineering and precision technology.
Raymond Realty focuses only on real estate.
Raymond Lifestyle is a separate listed company.
Investors are buying the shares because they can now assess each business more clearly.
Raymond is also expanding into aerospace manufacturing.
One analyst thinks both companies can perform well over the long term.
Another analyst says Raymond may be due for a short-term pullback, while Raymond Realty could rise if it moves above a key price level.
Raymond has become focused on engineering and precision technology after the group demerger.
Raymond Realty is now a pure-play real estate company, while Raymond Lifestyle operates as an independent listed entity.
Analysts say the restructuring has improved business clarity and prompted investors to reassess the standalone companies.
Raymond’s expansion into aerospace manufacturing and its order book are viewed as positive for long-term growth.
Raymond is considered overbought near-term, while Raymond Realty has support at Rs 511 and resistance at Rs 541.
- Who
- Raymond, Raymond Realty, Raymond Lifestyle and investors; analysts Kranthi Bathini and AR Ramachandran also provided views.
- What
- Raymond and Raymond Realty shares are seeing increased trading activity and buying interest following the group’s demerger.
- Where
- In the Indian stock market.
- When
- Today, following completion of the demerger; the article also refers to Raymond Realty’s Q1 order book.
- Why
- The demerger separated the businesses, enabling clearer valuation and performance assessments, while Raymond’s aerospace expansion and Raymond Realty’s order book support investor interest.
Long-term optimism
Near-term caution
Investment outlook
Long-term optimism
Kranthi Bathini said Raymond’s aerospace expansion, order book and earnings visibility support holding the stock over the long term. He also described Raymond Realty’s Q1 order book and current valuations positively.
Near-term caution
AR Ramachandran said Raymond is overbought on daily charts and suggested booking profits. He identified downside risk toward Rs 611 if the stock closes below Rs 685.
Raymond Realty price direction
Long-term optimism
Bathini said investors can hold Raymond Realty and consider buying on dips from a long-term perspective.
Near-term caution
Ramachandran said further near-term upside depends on a daily close above the Rs 541 resistance level; otherwise, the stock remains subject to technical resistance.
Key facts
- Raymond’s focus
- Engineering and precision technology
- Raymond Realty’s focus
- Pure-play real estate
- Raymond Lifestyle
- Separated as an independent listed entity
- Raymond outlook
- Bullish on daily charts but in the overbought zone
- Raymond resistance
- Rs 776, according to AR Ramachandran
- Raymond support
- Rs 685; a daily close below it could lead toward Rs 611 in the near term
- Raymond Realty levels
- Support at Rs 511, resistance at Rs 541 and a potential near-term target of Rs 593 if resistance is cleared
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 Realty is bullish on daily charts, with strong support at Rs 511. A daily close above the resistance of Rs 541 could lead to an upside target of Rs 593 in the near term.”
businesstoday.in
Sources
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