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Raymond shares: Gautam Singhania-Nawaz Modi separation erases $180 million from Raymond s market cap

The stock has tumbled 12% since Nov. 13 when Singhania announced separation from Nawaz Singhania, his wife of 32 years and a Raymond board member, erasing more than $180 million in market value. The shares fell as much 4.4% on Wednesday, set for the biggest drop since Oct. 25.

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The Raymond Empire: Fancy cars, Rs 8,400 crore top-line & an unhappy marriage

Gautam Singhania's estranged wife Nawaz Modi wants 75 per cent of his wealth; there is a multi-storeyed building in south Mumbai, a car collection and shares in Raymond Ltd

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Billionaire Separation Erases $180 Million at India Fabric Maker

Billionaire Separation Erases $180 Million at India Fabric Maker
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Indian billionaire Gautam Singhania s separation from wife erases $180 million at Raymond

The stock has tumbled since Singhania announced separation from wife Nawaz Modi

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Nifty, Sensex Continue to Move Sideways - Wednesday Closing Report

On Wednesday, 1622 stocks advanced, 2067 declined and 141 remained unchanged, with an advance decline ratio of 0.78 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.

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