Raymond’s stock has surged 125% in the last one year on the back of robust branded textile as well as realty businesses. While textiles and apparels are Raymond’s mainstay, can real estate become a steady contributor going ahead for the company or is the venture existing just for diversification?
At a time when the fear of Covid-19 third wave was looming large, housing sales for CY2022 surpassed a multi-year high. According to real-estate consultant Anarock, housing sales rose to over 3.6 lakh units across top 7 cities. But while the third wave didn’t hit, the Russia-Ukraine war, which started in February 2022, created a global energy security crisis, thereby draining markets of abundant liquidity prevalent since 2020. The Nifty 50 is
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
We’ve rewarded you with ET Prime access for 30 days!
Clean ad-free reading experience on The Economic Times
Unlimited access to exclusive stories & insights across 20+ sectors
In-depth reports on 4000+ Stocks, updated daily
Complete access to ET Print Edition, the digital newspaper
Activate your Access
No card details required
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Comment & Engage with ET Prime community
Exclusive invites to Virtual Events with Industry Leaders
A trusted team of Journalists & Analysts who can best filter signal from noise