Shares of Raymond Ltd. declined the most in over four weeks after it announced the sale of its fast-moving consumer goods business and a demerger of its consumer care and pure-play realty segments.
Ultratech Cement, SBI Cards, Star Health, L&T Finance Holdings, and CSB Bank will be among the stocks in focus as they will be declaring their March quarter earnings today.
BENGALURU (Reuters) - Indian shares were set to open higher on Friday, with strong initial numbers by banks and other companies helping take the edge off slowdown related warnings by IT exporters. | 11:07pm
Selling its fast moving consumer goods (FMCG) business, and demerging of Raymond Ltd s lifestyle business to Raymond Consumer Care Ltd while retaining real estate business and investments in engineering and denim are the rejig actions announced by Raymond Group to have two debt free listed companies.