Raymond Lifestyle

Vardhman Textiles share price jumped over 6%, followed by Pearl Global Industries, Raymond Lifestyle and Trident shares rallying over 5%. Gokaldas Exports, KPR Mill and Welspun Living shares gained over 4% each, while Alok Industries share price surged over 3%.

Vodafone Idea, Asian Paints, Tata Consumer Products, Marico, WeWork India, Metro Brands, Motilal Oswal Financial Services (MOFSL), Raymond, and Raymond Lifestyle are among the companies to declare their Q3 results 2026 today.

Raymond Lifestyle has appointed Satyaki Ghosh as CEO, its fourth since 2020, as slowing demand, store closures and margin pressure force a rethink of its apparel expansion strategy.

Raymond Group, a diversified conglomerate, plans to pursue acquisition opportunities as it expands operations. With zero debt and strong cash flow, the company aims for 15% annual growth despite external challenges, focusing on real estate, engineering, and aerospace sectors.

Indian equity markets have been volatile over the past year, with the Nifty 50 and BSE Sensex falling 0.3% and 0.5%, respectively. Many stocks, including Sterling and Wilson and Tejas Networks, saw significant declines, while others like JSW Holdings delivered strong returns.

Over the past five years, the company shut its loss-making denim division, exited contract manufacturing for overseas retail brands, reduced its workforce through voluntary retirement scheme and focused on debt repayment.

With early signs of recovery, margin pressures easing, and a new category to focus on, FY26 could be a key year for Raymond.

Raymond said this project would contribute substantially to the company's future growth and solidify its presence as a key player in the Mumbai Metropolitan Region