Stock

Raymond Stock Price: Shares of Raymond jumped 9% ahead of the lifestyle business index. Here is why

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Raymond Stock Price: Shares of Raymond jumped 9% ahead of the lifestyle business index. Here is why

Shares of Raymond rose 9 percent to 2,182 rupees on the NSE on Tuesday ahead of the listing of its lifestyle business, which is expected this week. Brokerages see this as a transformative move for the company, which is synonymous with legacy brands like Park Avenue, Raymond, Parx and ColorPlus. Brokerages like Motilal Oswal and … Read more

The stock has grown its dividend yield of 4.6% through the last 4 recessions

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The stock has grown its dividend yield of 4.6% through the last 4 recessions

The company has cash, no debt, and has raised its dividend for nearly four decades. Recessions can be scary and have real consequences for businesses and the stock market. However, they are part of life as a long-term investor. A recession can threaten weak companies that lack the basic strength to survive an economic downturn. … Read more