<p>New Delhi: Shares of Raymond Realty Ltd got listed on the stock exchanges on Tuesday post its demerger process.</p>.<p>The stock started trading at Rs 1,005 on the BSE. It later jumped 4.99 per cent to Rs 1,055.20 from the opening price.</p>.<p>At the NSE, the stock got listed at Rs 1,000. Shares of the firm later climbed 5 per cent to Rs 1,050.</p>.Raymond Ltd to list property biz on bourses in Sep quarter to pursue growth.<p>Raymond Realty's market valuation stood at Rs 6,564.84 crore.</p>.<p>Raymond Realty Ltd is one of the leading real estate developers in the country. It is part of the Raymond Group.</p>.<p>After demerging its lifestyle business into a separate listed entity in 2024, Raymond Ltd is carving out real estate vertical into a separate listed entity and will focus only on engineering business.</p>.<p>Raymond Realty will not sign up development deals if it doesn't see profit margins of at least 20 per cent, the company's top officials said on Monday.</p>.<p>The entity will launch projects with a gross development value of Rs 6,000 crore to Rs 10,000 crore, they said. </p>
<p>New Delhi: Shares of Raymond Realty Ltd got listed on the stock exchanges on Tuesday post its demerger process.</p>.<p>The stock started trading at Rs 1,005 on the BSE. It later jumped 4.99 per cent to Rs 1,055.20 from the opening price.</p>.<p>At the NSE, the stock got listed at Rs 1,000. Shares of the firm later climbed 5 per cent to Rs 1,050.</p>.Raymond Ltd to list property biz on bourses in Sep quarter to pursue growth.<p>Raymond Realty's market valuation stood at Rs 6,564.84 crore.</p>.<p>Raymond Realty Ltd is one of the leading real estate developers in the country. It is part of the Raymond Group.</p>.<p>After demerging its lifestyle business into a separate listed entity in 2024, Raymond Ltd is carving out real estate vertical into a separate listed entity and will focus only on engineering business.</p>.<p>Raymond Realty will not sign up development deals if it doesn't see profit margins of at least 20 per cent, the company's top officials said on Monday.</p>.<p>The entity will launch projects with a gross development value of Rs 6,000 crore to Rs 10,000 crore, they said. </p>