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I think geopolitics, the landscape could change rapidly. There could be escalations in certain countries, by certain countries. So, I do expect some volatility until we have total clarity.
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News and Media
The US witnessed a close presidential race. Democrats cautioned that supporting Green Party candidate Jill Stein could lead to a Donald Trump victory. Stein, however, remained firm in her candidacy. Initial results showed Trump leading with 178 electoral votes, followed by Kamala Harris with 99. Stein, despite not securing any electoral votes, garnered a small percentage of the popular vote.
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News and Media
Raymond Lifestyle witnessed a significant 69.72% drop in its consolidated net profit for Q2 FY'25, reaching Rs 42.18 crore. This decline is attributed to subdued demand and inflationary pressures. Despite this, the company remains optimistic about the future, citing recent positive trends in the festive and wedding season and plans for retail expansion and new product launches.
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News and Media
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