DSIJ Mindshare

Raymond Group, which is well-known as a fashion and textile retailer has forayed into real estate development segment. It has set up a new division named ‘Raymond Realty’ through which it has undertaken the project to build quality housing for all. The central theme for this new venture as decided by the company is ‘Go Beyond’.

State-owned rail infrastructure financier Rail Vikas Nigam Limited (RVNL) is slated to be the first successful Initial Public Offering (IPO) of FY2020. At 14:15 hours on Wednesday, the IPO was oversubscribed with enthusiastic participation from retail investors.

India’s leading consumer product company Marico updated it fourth quarter operating performance. The company’s rural demand grew at a higher pace compared to the urban region.

Following stocks are close to their 52-weeks low as at 1.02 p.m. on April 03, 2019.

The markets on April 03, 2019 opened gap up. BSE Sensex is trading at 38,180.39, up by 123.74 points and the Nifty is trading at 11,737.35, up by 24.15 points.