GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of Raymond Ltd tumbled 66% on Wednesday, trading at Rs 530 compared to Tuesday’s close of Rs 1,561.30, as the stock turned ex-date for the demerger of its real estate business, Raymond Realty. While dramatic on the surface, the sharp fall is not a sell-off but a notional price adjustment reflecting the separation of the realty arm, which will now operate as a standalone entity. The record date for the demerger is Wednesday, May 14, to determine eligible shareholders who will receive one share of Raymond Realty for every share held in Raymond. The demerger was completed on May 1, and the real estate entity is expected to list separately by the September quarter of FY26. 1. Demerger triggers notional price adjustment The steep fall in Raymond’s share price is not due to selling pressure but is a notional adjustment to reflect the demerger of its real estate business. With Raymond Realty no longer a part of Raymond Ltd’s financials, t...

[hfe_template id='11223'] [ad_1] Indian real estate stocks faced sharp selling pressure this week, making them the biggest losers in the market as the BSE Realty benchmark index tumbled 9.4%, significantly underperforming the broader BSE Sensex, which declined 2.47%. Despite the Reserve Bank of India's (RBI) recent rate cut aimed at boosting economic growth, realty stocks failed to find support, weighed down by global trade tensions, foreign investor outflows, and weak corporate earnings. The rout deepened on Friday, with the Nifty Realty Index closing 1.74% lower at 831.45. Phoenix Mills led the losses, falling 3.3% to hover near its 52-week low. Godrej Properties and Raymond Ltd also slumped over 3%, with Godrej Properties now down more than 32% over the past six months. Among the biggest weekly laggards, Oberoi Realty tumbled 14.01%, Brigade Enterprises slid 11.51%, and DLF dropped 11.28%. Godrej Properties, Anant Raj, and Sobha Ltd also recorded steep weekly decl...