Sensex, Nifty updates on 28 March 2025: The benchmark BSE Sensex slipped 0.25% to close at 77,414, while the broader NSE Nifty 50 fell 0.41% to 23,494, weighed down by IT and auto stocks as investor sentiment turned cautious ahead of the U.S. reciprocal tariff announcement next week.
Raymond says its revenue from the real estate and engineering business grew 36% YoY to ₹985 cr, while EBITDA came in at ₹169 cr, with an EBITDA margin of 17.2%
Raymond Q3 results: Total revenue for Real Estate and Engineering businesses grew 36 per cent YoY to Rs 985 crore for the quarter from Rs 727 crore in the year-ago quarter.
The ET World Leaders Forum brings together global influencers to analyse trends and events and help us understand the future better. In this session, Gautam Hari Singhania, Chairman and MD of Raymond Limited, talks about why the time is ripe for Indians to not migrate out of the country.
After the Raymond Lifestyle listing today, there would be two listed Raymond group companies. The Raymond board had on July 4 also approved the scheme of arrangement for demerger of real estate business to Raymond Realty.
Raymond shares climbed 8.61 per cent to hit a high of Rs 2,180.85 on BSE. The scrip has climbed 16 per cent in the past two weeks and 24 per cent year-to-date.
The Pandora Papers revealed details of offshore entities used by the ultra-rich to manage their finances. The ED is investigating 380 individuals of Indian nationality, including prominent figures such as Sachin Tendulkar, Gautam Singhania, Anil Ambani, and Niira Radia.
Lemon Tree Hotels Ltd's step-down/material sub Iora Hotels Pvt Ltd has received Occupancy Certificate from MMRDA for hotel near Mumbai Int'l Airport. The 669-room hotel, named