Tag: RaymondShares
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Why Raymond Shares Are Plummeting by 40% Today: What Lies Ahead?
Raymond Ltd’s shares plummeted by 40% at the opening of the market on Thursday due to the demerger of the lifestyle business. The demerged business will now be listed separately on stock exchanges between August and September. Existing Raymond investors will receive four shares of Raymond Lifestyle for every five Raymond shares. Today marks the…