Raymond Realty soars on making further investment in Ten X Realty North
Raymond Realty is currently trading at Rs. 710.60, up by 30.75 points or 4.52% from its previous closing of Rs. 679.85 on the BSE.
The scrip opened at Rs. 681.00 and has touched a high and low of Rs. 717.50 and Rs. 674.00 respectively. So far 48064 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 741.90 on 25-Sep-2026 and a 52 week low of Rs. 350.00 on 16-Mar-2026.
Last one week high and low of the scrip stood at Rs. 738.25 and Rs. 658.95 respectively. The current market cap of the company is Rs. 4614.23 crore.
The promoters holding in the company stood at 50.93%, while Institutions and Non-Institutions held 8.55% and 40.52% respectively.
Raymond Realty (RRL) has made a further investment in Ten X Realty North (TXRNL), a wholly owned subsidiary of the Company, by subscribing to further issue of 9,000 Equity Shares of face value Rs 10 each, aggregating to Rs 90,000 through a right issue, and the newly issued shares rank pari-passu to existing equity shares of TXRNL. Currently, RRL is holding 100% share capital of TXRNL and with the current investment, RRL shareholding percentage in TXRNL will remain unchanged.
