Unicommerce eSolutions trades higher on inking pact with Raymond Lifestyle
Unicommerce eSolutions is currently trading at Rs. 135.90, up by 3.80 points or 2.88% from its previous closing of Rs. 132.10 on the BSE.
The scrip opened at Rs. 132.00 and has touched a high and low of Rs. 138.60 and Rs. 129.50 respectively. So far 21988 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 197.50 on 09-Dec-2024 and a 52 week low of Rs. 96.30 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 138.85 and Rs. 125.45 respectively. The current market cap of the company is Rs. 1512.85 crore.
The promoters holding in the company stood at 36.34%, while Institutions and Non-Institutions held 5.93% and 57.73% respectively.
Unicommerce eSolutions has partnered with Raymond Lifestyle. As part of the partnership, Raymond will leverage Unicommerce’s flagship platform Uniware, which offers a powerful suite of solutions including order management and warehouse management systems, to centralize operations across multiple marketplaces and its brand websites.
Raymond Lifestyle -- home to brands like Raymond, Park Avenue, ColorPlus, and Parx, offers a wide range of premium apparel and fabrics including formal, ethnic, and casual wear, ready-to-wear apparel such as suits, blazers, shirts and trousers, and ethnic wear ensembles. The integration will allow Raymond to manage all online orders, inventory, and deliveries for its brands through a single unified platform. Whether it is a customer buying from a marketplace like Amazon or Myntra, or Raymond’s own website, everything can be tracked and managed in one place.
Unicommerce’s technology offers deep automation, seamless channel integrations, and intelligent warehouse workflows, which will enable the brand to process orders faster, reduce operational errors, and deliver a consistent customer experience across online and offline channels. The technology will also simplify the entire returns process--from request initiation to reverse logistics and inventory reconciliation, thereby reducing manual effort and the turnaround time.
Unicommerce eSolutions is an e-commerce enablement Software-as-a-Service (SaaS) platform in the transaction processing or nerve centre layer. It enables end-to-end management of e-commerce operations for brands, sellers and logistics service provider firms.
