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#887 Daily Money Show | Stock Market News
Original: #887 Daily Money Show | Money Purse Stock Market News
Takeaway
Raymond demergers create three listed entities; Lifestyle business eyes 15% CAGR and double EBITDA by 2028.
Summary
- Sensex flat at 82,555 and Nifty up 1 point at 25,279; mid- and small-caps modestly positive.
- Raymond clarification: company will become 3 listed entities once Raymond Lifestyle and Raymond Realty demergers list.
- Raymond Lifestyle targets 6-7% market share in men's wedding wear by 2027, with 15% CAGR target.
- Guidance: 12-15% sustainable revenue growth, EBITDA doubling by 2028, free cash flow of Rs 600-700 cr.
- Wedding-wear segment is a strong structural growth theme in India.
RaymondDemergerApparelWedding WearListing
Original description
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