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'Buy' Raymond Lifestyle Says Motilal Oswal As It Initiates Coverage; Sees 36% Upside

With improved free cash flow generation, the company could look to increase shareholder returns through dividends, says the brokerage.

<div class="paragraphs"><p>A Raymond Lifestyle Ltd.'s store exterior. (Source: Company website)</p></div>
A Raymond Lifestyle Ltd.'s store exterior. (Source: Company website)
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