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Raymond Lifestyle Gets A 'Buy' From Systematix, Says Recalibration Of Business To Drive Shareholder Value

The brokerage raises target price to Rs 2,845 for its lifestyle business on SOTP based method, valuing branded textiles, branded apparel and B2B businesses at 11x/18x/9x Sept 2026E EV/Ebitda.

<div class="paragraphs"><p>A Raymond store. (Source: Company website)</p></div>
A Raymond store. (Source: Company website)
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