New Delhi, July 1 -- Raymond Realty, the demerged real estate arm of Raymond Limited, listed on the stock market today, July 1, and hit the 5% upper circuit within minutes of debut.

On BSE, Raymond Realty shares opened at Rs.1,005 apiece, slightly lower than the discovered price of Rs.1,031.30 apiece. However, they soon jumped to the day's high of Rs.1055.20, hitting their 5% upper price band.

Similarly, on the NSE, Raymond Realty shares' listing price was Rs.1,000, which was a tad lower than their discovered price of Rs.1,039.30. But along similar lines as BSE, Raymond Realty stock hit the 5% upper circuit of Rs.1,050.

More to come...

Published by HT Digital Content Services with permission from MINT....