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raymond: Stock Radar: Raymond records range breakout after 7 months on daily chart. Time to buy?

The stock gave a break down from 1,900-2,000 levels in September 2023 and since then it has seen a timewise and price-wise correction. It found support above 1,600 levels. The garment stock finally broke out from the range as it closed above 2,000 levels. It closed at Rs 2,011 on April 19, 2023. It rallied over 6% in a week.

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Raymond shares show gradual recovery amid Gautam Singhania-Nawaz Modi spat

After hitting a major low, Raymond Group shares are showing a slow but steady recovery as the divorce settlement of Gautam Singhania cools down.

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Raymond stock price sees small recovery; shares up amid Singhania family feud

It was a glimmer of hope for Raymond stockholders as the prices went up after 14 straight days of a steady decline.

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Gautam Singhania divorce: Raymond directors react amid investors' concerns

As Gautam Singhania and wife Nawaz Modi undergo a public divorce settlement, Raymond Group's independent directors issued a statement.

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Raymond Singhania divorce: Raymond gets independent legal counsel to advise co amid Singhania marital dispute

Raymond's Independent Directors have retained Berjis Desai, a senior independent legal counsel, to advise the company amidst the ongoing marital dispute between Chairman and MD Gautam Singhania and Nawaz Modi. The Independent Directors aim to ensure the dispute does not impact the Chairman's ability to manage the company. Proxy advisory firm IiAS previously urged independent directors to appoint an interim CEO and investigate allegations of assault and misuse of company funds.

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Raymond Stock Check: Down 13% in November, should you buy now?

Raymond has been very volatile this year, giving positive returns in 5 of the 11 months so far this year and negative in the remaining 6 months. It fell over 13 percent in November, extending losses for the third straight month since September.

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Raymond MD Gautam Singhania 'kicked, punched his minor daughter', claims ex-wife; IIAS seeks probe

IIAS asks independent directors of Raymond Ltd to assuage concerns of investors

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Raymond shares: Gautam Singhania-Nawaz Modi separation erases $180 million from Raymond's market cap

The stock has tumbled 12% since Nov. 13 when Singhania announced separation from Nawaz Singhania, his wife of 32 years and a Raymond board member, erasing more than $180 million in market value. The shares fell as much 4.4% on Wednesday, set for the biggest drop since Oct. 25.

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Down over 12%, here's why Raymond shares fell in 7 straight sessions

Shares of Raymond shed over 4 percent in intra-day deals on Monday, extending losses for the seventh straight session amid reports that chairman Gautam Hari Singhania's estranged wife Nawaz Gautam Singhania has demanded 75 percent of his fortunes. The couple announced separation earlier this month.

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Raymond share price: Raymond picks stake in MPPL, forays into aerospace, defence and EV components biz

The Raymond Group is venturing into the sunrise sectors of aerospace, defence, and electric vehicles (EV) components by acquiring a 59.25% stake in Maini Precision Products Limited (MPPL) for Rs 682 crore. The acquisition aims to bolster Raymond's engineering business. The deal will be concluded through Ring Plus Aqua Limited, an arm of JK Files and Engineering Limited, forming a new subsidiary.

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