India's Raymond rises after report Raymond Lifestyle to start trading on Thursday

Raymond

03/09/2024 10:01

** Shares of India's Raymond  RYMD.NS  rise as much as 8.5%
to 2,181.6 rupees
    ** Move comes after Economic Times newspaper reported co's
fashion and retail unit, Raymond Lifestyle, will start trading
in Mumbai on Thursday 
    ** Group will have three listed entities by next year
    ** Stock clocks busiest session since early July this year;
set to rise for second straight session, if gains hold
    ** YTD stock has surged ~106%

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com;))