Raymond Lifestyle's Stock Price Up by More than 3% After US Announces 35% Tariff on Bangladesh
By Shishta Dutta | Published at: Jul 8, 2025 01:23 PM IST
Mumbai, July 8, 2025: Shares of Raymond Lifestyle Ltd (NSE: RAYMONDLSL) witnessed a sharp rally in early trade on Tuesday, surging by ₹91.20 or 7.28% to hit a high of 1,366. As of 12:40 p.m. IST, 8th July, the stock is up by 3.62% at ₹1,343.70, demonstrating strong buying interest and notable trading volumes. The stock is up today after news came that the US will impose a 35% tariff on all goods from Bangladesh from August 1st. Bangladesh is a major manufacturer and exporter of textile products.
Price Action Snapshot (as of 10:45 AM IST)
| Metric | Value (₹) |
|---|---|
| Previous Close | 1,252.50 |
| Open | 1,256.00 |
| Intraday High | 1,366.00 |
| Intraday Low | 1,255.10 |
| Last Traded Price | 1,343.70 |
| VWAP | 1,334.29 |
| Price Change (%) | +7.28% |
Market Depth & Trading Volume
Raymond Lifestyle recorded a substantial traded volume of 10.29 lakh shares, translating into a traded value of ₹137.29 crore. The buy quantity stood at 1,02,984 shares, while the sell quantity was slightly higher at 1,38,539 shares, indicating strong demand amidst some profit-booking at elevated levels.
Key Trade Metrics:
| Trade Metric | Value |
|---|---|
| Traded Volume (Lakhs) | 10.29 |
| Traded Value (₹ Cr) | 137.29 |
| Market Cap (₹ Cr) | 8,158.89 |
| Free Float Market Cap (₹ Cr) | 3,628.13 |
| % Deliverable Quantity | 34.85% |
| Impact Cost | 0.10 |
| Applicable Margin Rate (%) | 19.85 |
Price Range Context
The current price puts Raymond Lifestyle relatively close to its 52-week high of ₹3,100 (hit on September 5, 2024), and well above its 52-week low of ₹911.35 (hit on May 7, 2025), reflecting recent bullish momentum.
| 52-Week Range | Price (₹) |
|---|---|
| 52-Week High | 3,100.00 |
| 52-Week Low | 911.35 |
| Upper Band | 1,503.00 |
| Lower Band | 1,002.00 |
| Tick Size | 0.10 |
| Annualised Volatility | 48.14 |
Valuation Multiples & Index Info
Raymond Lifestyle is currently trading at a symbol P/E of 124.28, with an adjusted P/E of 63.48, which is significantly above sector averages. The stock is a constituent of the NIFTY 500 index and falls under the “Other Textile Products” industry category.
Security Details:
| Detail | Value |
|---|---|
| Status | Listed |
| Trading Status | Active |
| Date of Listing | 05-Sep-2024 |
| Adjusted P/E | 63.48 |
| Symbol P/E | 124.28 |
| Index | NIFTY 500 |
| Industry Category | Other Textile Products |
About the Company and Recent Developments
Raymond Lifestyle Ltd, which was listed on the NSE on September 5, 2024, operates in the premium apparel and textile segment. The company has rapidly gained investor attention for its aggressive brand expansion and is part of the larger Raymond Group, a legacy player in India’s fashion and fabric industry.
The recent surge in Raymond Lifestyle’s stock comes amid broader restructuring and strategic moves within the Raymond Group. The company’s stock, along with that of its parent company, Raymond Ltd, saw significant rallies earlier in July due to the demerger and subsequent listing of Raymond Realty on July 1, 2025. This demerger, which followed the earlier spin-off of the lifestyle business into Raymond Lifestyle, aims to unlock greater value for shareholders by creating focused, standalone entities for each business vertical (Lifestyle, Real Estate, and Engineering).
What’s Next?
While the listing of Raymond Realty itself saw the new shares opening below their discovered price, the overall sentiment around the demerger has been positive for the Raymond Group stocks, as it allows investors to gain direct exposure to specific business segments. Raymond Lifestyle’s performance is being closely watched as it consolidates its position in the premium apparel and textile market as an independent listed entity.
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
