Raymond Group is an Indian branded fabric and fashion retailer, incorporated in 1925. It produces suiting fabric, with a capacity of producing 31 million meters of wool and wool-blended fabrics.
Raymond is one of the largest vertically and horizontally integrated manufacturers of worsted suiting fabric in the world and commands a dominant market share of over 60 percent in worsted suiting fabric in India.
The group owns apparel brands like
Raymond,
Raymond Premium Apparel,
Park Avenue,
Park Avenue Woman,
ColorPlus &
Parx.
All the brands are retailed through 'The Raymond Shop' (TRS), with a network of over 700 retail shops spread across India and overseas, in over 200 cities.
In addition, the group also has business interests in readymade garments, designer wear, cosmetics & toiletries, engineering files and tools, prophylactics and air charter operations.
Raymond stock price from December 27, 2013 to December 26, 2018
(Source: www.nseindia.com)
Stock price as on Dec 27, 2013: Rs.290.95 per share
Stock price as on Dec 26, 2018: Rs.828.45 per share
Being at the helm of Textile revolution in India, Raymond was a pioneer in organized retail way back in 1958. With the launch of its first exclusive retail showroom, at King's Corner, in Ballard Estate (Mumbai).
Raymond’s expansive retail presence has been the cornerstone of the brand’s success. Raymond has an indomitable retail presence with over 2 million square feet of retail space spread across its 1100+ stores spread in over 380+ cities & towns, and is growing steadfastly.
(Source : www.nseindia.com, www.raymond.in, www.wikipedia.com)
DISCLAIMER : THIS BLOG IS FOR INFORMATION AND NOT TO SOLICIT ANY BUSINESS. PAST PERFORMANCE IS NOT AN INDICATION OF THE PERFORMANCE OF STOCK IN FUTURE.
