Raymond Limited (RAYMOND.BO)
Raymond Limited operates in the Manufacturing - Textiles industry of the Industrials sector, headquartered in Mumbai, MA, IN. The stock last traded at $635.20, down 0.89% on the session, giving a market capitalisation of $42.34B. Its beta of -0.29 implies it has historically moved less than the broad market.
Headquartered in Mumbai, India, Raymond Limited, established in 1925, is a diversified conglomerate engaged in textiles, lifestyle products, and branded apparel across India and global markets. Its operations span multiple segments, including textiles, shirting, apparel manufacturing, garment production, tools and hardware, automotive components, and real estate development. Under its 'Raymond Fine Fabrics' label, the company provides a comprehensive range of textiles, including premium suiting materials made from wool, poly-wool, silk, and various blends, alongside cotton and linen shirting fabrics. Beyond fabrics, Raymond manufactures ready-to-wear garments such as suits, jackets, trousers, and shirts, in addition to producing denim fabrics. Its menswear portfolio encompasses renowned brands like Raymond Ready-To-Wear, Park Avenue, Color Plus, and Parx, complemented by ethnic wear offerings under the 'Ethnix by Raymond' brand. The company also extends its industrial presence with a range of tools and hardware, including steel files, drills, cutting tools, hand tools, and accessories for power tools. Furthermore, it produces automotive components such as ring gears, flex plates, and water pump bearings. Complementing these activities, Raymond also has interests in non-scheduled airline operations and real estate development. With a substantial retail footprint, Raymond operates 1,409 stores globally; this includes 1,365 outlets spread across approximately 600 Indian cities and towns, alongside 44 international stores in seven different countries.
Raymond Limited is most often compared with the following Industrials names: