Raymond share price has seen mouth-watering gains in the last few days. The small-cap stock jumped almost 5 per cent in intraday trade on the BSE on Wednesday, May 21, extending gains to the sixth consecutive session. In these six sessions, the stock has jumped over 30 per cent.
On Wednesday, Raymond share price opened at ₹668.80 against its previous close of ₹676.30 and jumped nearly 5 per cent to an intraday high of ₹708.40. Around 12:30 PM, the small-cap stock traded nearly 4 per cent higher at ₹702.
The stock hit its 52-week high of ₹1,243.51 on July 8 last year and a 52-week low of ₹431.10 on April 7 this year, adjusted to the spin-off of the realty business.
Raymond Realty Limited (RRL) was demerged from Raymond on May 1. May 14 was the record date to identify Raymond shareholders eligible to receive equity shares of Raymond Realty under the scheme. According to reports, the RRL is expected to be listed in Q2FY26.
(This is a developing story. Please check back for fresh updates.)
