Raymond’s board approves consolidation exercise

28 Sep 2021 Evaluate

Raymond’s board has approved a consolidation exercise, including the combination of its tools and hardware, and auto components businesses with its engineering business to improve synergies and explore monetisation options.

Besides, the board has also approved consolidation of its business-to-consumer (B2C) venture by transfer of apparel business into Raymond.

Raymond is one of India’s largest branded fabric and fashion retailers. It is one of the leading, integrated producers of suiting fabric in the world.

Raymond Share Price

1808.50 2.45 (0.14%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Raymond 1808.50
Siyaram Silk Mills 435.50
Manomay Tex India 171.00
Ludlow Jute &Special 83.80
KG Denim 25.15
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.