Indian textile maker Raymond's slide runs into seventh day

Raymond

22/11/2023 10:07

** Raymond shares  RYMD.NS  shed 3.76%, falling for the
seventh session in a row, with total losses of 12%
    ** On Nov. 13, the textiles company's chairman and MD Gautam
Singhania announced separation from his wife Nawaz Singhania,
who is also a Raymond board member
    ** Nawaz Singhania sought 75% of Gautam Singhania's $1.4 bln
fortune as part of the settlement, the ET reported on Monday
    ** Despite the recent slide, the stock up 14% in 2023 so far

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))