Raymond Share Price: During Wednesday’s trading, shares of Raymond Ltd. fell 66% as the stock reached the ex-date for the demerger of Raymond’s real estate firm, Raymond Realty. The stock fell down 66.05 percent to Rs 530 from its previous price of Rs 1,561.30 a share since the real estate sector is no longer taken into consideration when determining Raymond’s fundamentals.

Today is the record date for determining Raymond’s eligible shareholders, to whom the plan’s equity shares of Raymond Realty will be allocated. Raymond Realty and Raymond parted ways on May 1. In the past, Raymond has divided its lifestyle business into Raymond Lifestyle. The firm went public on stock markets in September 2024.

In a deliberate attempt to boost shareholder value, Raymond announced that each shareholder would get one share in the newly formed Raymond Realty for each Raymond share they owned. It seems likely that the real estate business will go public by the September quarter.

The fact that certain mobile trading applications could still show the Raymond price without any modifications might account for the 66% drop.

In Q4, Raymond Realty

Raymond Realty’s booking value of Rs 636 crore in the fourth quarter of FY25 was primarily driven by The Address by GS 2.0, Invictus, and Park Avenue-High Street Retail in Thane, as well as the JDA project ‘The Address by GS’ in Bandra. The firm made Rs 766 crore in sales, a 13% growth over the previous year, with an EBITDA of Rs 194 crore and a margin of 25.3%.

The real estate business has a net cash excess of Rs 399 crore as a consequence of the demerger. According to Gautam Hari Singhania, Raymond’s chairman and MD, this strategic step demonstrates the company’s dedication to boosting shareholder value and promoting sustainable development via pure play operations.