Raymond, Raymond Lifestyle shares surge up to 16%; here is why

Shares of Raymond Group companies Raymond and Raymond Lifestyle were witnessing strong buying interest in trade on Monday, June 30, a day ahead of listing of its real estate arm Raymond Realty. Shares of Raymond rose as much as 15% to hit an intraday high of ₹718.05 and Raymond Lifestyle stock as much as 15.64% to hit an intraday high of ₹1,413.95.

Raymond shares started trading ex-demerger from its realty arm last month on May 14 following demerger of its real estate subsidiary Raymond Realty. The company had fixed May 14 as the record date to determine eligible shareholders who will receive shares of Raymond Realty. Shareholders will be allotted one share of Raymond Realty for every one share they had held in Raymond as on record date.

The company said that the move is aimed at unlocking greater value for its shareholders.

Raymond Realty was officially demerged on May 1, marking the conglomerate’s second major restructuring after it spun off Raymond Lifestyle in 2024, which got listed in September the same year. The proposed listing of Raymond Realty is leading to strong buying interest in Raymond group shares, analysts said.

Meanwhile, in a letter to shareholders, Gautam Hari Singhania, Chairman and Managing Director of Raymond unveiled — Raymond 2.0 — a vision to reinvent 100-year-old brand into a modern, purpose-led enterprise aligned with India’s transformation.

"This milestone, marked by the listing of Raymond Realty Ltd., represents our commitment to deliver exceptional shareholder value and sets the stage for our ambitious journey toward building a global Indian powerhouse," Singhania wrote in his letter to shareholders.

"Thanks to the support of our stakeholders, Raymond Group’s journey over the past few years has been remarkable. Through achieving our net debt free status, divestments of our FMCG business, the demerger and listing of our Lifestyle business, scaling of our Real Estate operations, along with acquisition and consolidation of our Engineering capabilities, we continue to unlock shareholder value at every step. Today, Raymond Group through its transformational journey has successfully created three independent net debt free and focussed entities that have strong management and governance framework," he said.

"Going forward, Raymond 2.0 will be anchored on these three powerful pillars that will define our future: Lifestyle, Real Estate, and Engineering. Our disciplined approach to capital allocation, combined with our strategic assets and deep understanding of the Indian consumer positions us to deliver sustainable returns. As we evolve into a future-ready enterprise, we remain committed to the highest standards of governance, continued investment in engineering excellence, and accelerated technology adoption to drive competitiveness and long-term growth. These focus areas form the foundation of our vision—to lead with purpose, driven by performance, innovation, and enduring value creation," Singhania added.

As of 2:07 pm, shares of Raymond traded 14.33% higher at ₹713.60 and Raymond Lifestyle was up 13.52% at ₹1,388 outperforming the SENSEX which was down 0.65%.