RAYMONDLSL

** Fashion and retail co Raymond Lifestyle's RAYL.NS shares surge 13.5%, set for their biggest one-day jump ever

** Stock to replace ICICI Securities in Nifty 500 index .NIFTY500 and Nifty Smallcap 250 index .NISM250 from March 21, stock exchange notice shows

** More than 617,000 shares traded, 3.5x their 30-day avg

** RAYL is down 46% so far in 2025

(Reporting by Nishit Navin)

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** Shares of Raymond Lifestyle RAYL.NS drop 11.4% to 1,516.15 rupees

** Garments and apparel co's Q3 consol profit slumps 60.5% y/y, revenue up 1.6%

** Trading vols at 237,892 shares, 2.1x the 30-day average

** Relative strength index falls to 27.7, suggesting that stock might be oversold - LSEG data

** RAYL down ~14% so far this week, set to fall for fifth straight week, if trend continues

(Reporting by Vijay Malkar)

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** Shares of Raymond Lifestyle Ltd RAYL.NS rise 1.6% to 2,045.80 rupees

** Motilal Oswal maintains "buy" rating on apparel maker as well as St-high PT of 3,000 rupees

** RAYL rose as much as 3.7% earlier in session

** Brokerage says RAYL is benefiting from demand for clothing in wedding season

** An extended wedding season should ensure robust demand momentum, placing RAYL in a "sweet spot" as its wedding portfolio forms 35%-40% of rev - Motilal

** While co targets 12%-14% rev growth in medium term, brokerage expects 9%-11% revenue CAGR from FY24-27, citing strong affinity to 'Raymond' brand

** Both analysts tracking stock rate it "strong buy" - LSEG data

** Since listing in early September, RAYL down 32.3%

(Reporting by Nandan Mandayam in Bengaluru)

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Nov 4 (Reuters) - India's Raymond Ltd RYMD.NS reported a 49% rise in its second-quarter profit on Monday, driven by higher demand for its premium properties.

The company, which sells luxury homes and auto parts, said its consolidated profit from continuing operations before exceptional items rose to 889.8 million rupees ($10.6 million) for the July-September quarter from 598.9 million rupees a year earlier.

It reported an exceptional charge of 230.1 million rupees in the year-ago quarter.

India's housing sector is seeing consistent demand for home ownership, especially high-margin premium properties.

Additionally, the government's emphasis on infrastructure development and attractive interest rates have bolstered buyer confidence, particularly for luxury- and mid-range segments.

Raymond's mainstay real estate segment, which accounts for 55% of overall revenue, reported a more than two-fold surge in revenue during the quarter.

This lifted its total revenue by two-fold to 10.45 billion rupees.

Separately, Raymond Lifestyle RAYL.NS, the company's apparel business, carved out of Raymond Ltd, made its market debut in September.

Raymond's shares closed nearly 2% higher ahead of its results.

($1 = 84.0890 Indian rupees)

(Reporting by Ashna Teresa Britto; Editing by Sherry Jacob-Phillips)

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By Praveen Paramasivam

Oct 22 (Reuters) - Indian apparel firm Raymond Lifestyle RAYL.NS will hire about 9,000 workers for hundreds of stores it plans to add in the next three years, Group Chairman Gautam Singhania told Reuters.

Founded in 1925, Raymond's RYMD.NS business, which also includes its real estate and engineering units, spun off its lifestyle division earlier this year to simplify its group structure, attract more investors and help the carved-out entity access more capital.

The apparel firm is looking to hire 10 people per store, on average, at the 900 outlets it plans to open, Singhania said on Monday, without disclosing the size of its current workforce at its nearly 1,500 stores.

Additionally, Raymond Lifestyle will also hire for roles in its factories as it aims to increase its garmenting capacity, he said without elaborating, as Bangladesh - a major apparel production hub - grapples with political unrest and floods.

The firm, which counts apparel chains such as J.C. Penney and Macy's M.N among its customers, is receiving a large number of inquiries from its global clients as brands "have decided to move to India to meet their requirements," Singhania said.

Its garments business, which exports to the United States, Europe and Japan, reported sales of 11.39 billion rupees ($135.5 million) last year, accounting for over a tenth of the group's revenue.

Separately, Singhania said Raymond Lifestyle, popular for its men's suits, is exploring the burgeoning fast fashion space in India, noting that Tata Group-owned Zudio TREN.NS "has done very well" in this category.

Indian retail firm Trent, which owns Zudio, has been outperforming its peers as consumers looking to refresh their wardrobes on a tight budget flock to its stores to snap up everything from dresses to perfumes at less than 999 rupees (about $12).

($1 = 84.0700 Indian rupees)

(Reporting by Praveen Paramasivam; Editing by Sonia Cheema)

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** Shares of India's Raymond Lifestyle RAYL.NS rise 3% to 2,433 rupees

** Motilal Oswal starts with 'buy' and TP of 3,200 rupees, indicating a ~32% upside to last close

** Brokerage expects RAYL's growth to be fueled by rapid expansion in branded apparel; launch of new categories (innerwear, sleepwear) to contribute

** Expects India's garment industry to benefit from recent Bangladesh turmoil and global move to a China +1 strategy

** Says Raymond, with over 95% of garments in B2B exports, well-positioned to benefit from any shift away from Bangladesh

** Stock down 17.7% so far since listing in Sept this year

(Reporting by Yagnoseni Das in Bengaluru)

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