Raymond Lifestyle shares list at Rs 3,020 on NSE after demerger

Raymond Lifestyle, which demerged from Raymond Ltd in June, began trading on the stock exchanges today. The stock is listed at Rs 3,020 on NSE and Rs 3,000 on BSE, giving it a valuation of approximately Rs 18,300 crore. The listing positions Raymond Lifestyle as a key player in India's wedding and ceremonial market.