Raymond Realty Lists Below Expectations, Then Hits Upper Circuit

Raymond Realty debuted weakly on July 1, listing at a discount post-demerger from Raymond. NSE and BSE saw listings at ₹1,000 and ₹1,005 respectively, below discovery prices. Despite the soft start, shares surged 5% to hit ₹1,050. The move aligns with Raymond Group’s "Raymond 2.0" plan to unlock value via focused business verticals.