https://globalprimenews.com/2021/07/19/indian-direct-selling-industry-registers-28-y-o-ygrowth-currently-valued-at-inr-16776-crore-in-2019-20-idsa-annual-survey-report/

Raymond is also the market leader in steel files and tools market which is another growth driver for the company. The Automotive component business has also turned around and is one of the highest margin business of the company. Likewise with the runline, 80% of experts thought the Mets would end up covering the runline. Based on that and after line shopping, we would steer you in the direction of BetUS to place a bet on the Mets +1.5. Raymond has set up a plant in Ethiopia which is another developing hub for garmenting. Ethiopia has become a major attraction today for apparel manufacturers due to advantages such as duty-free access and low-cost labour and power availability. Also, Govt of Ethiopia is giving relaxations for ease-of-doing business, providing land to set-up plants to global manufacturers.It is extremely positive development for investors. A fashion retail debt-free company with turnover more than 8000 crore will command premium valuation to its peers.

There is gradual shift in textile manufacturing is seen from China due to increase in labour & power costs along with ongoing Anti- China sentiment globally. India is at the forefront to capture a larger pie of the shift by offering incentives and other benefits with an aim to become a garmenting hub. Raymond being a larger and more established player in this segment will be a beneficiary from an increase in textile and garment manufacturing to India.As per KPMG and FICCI Report - Direct sales enterprises in India are growing exponentially. It is expected to expand direct sales from Rs 16776 crores in 2019-20 to Rs 64500 crores in 2025. India has made rapid progress in Direct Selling business, having recorded an 18% CAGR over a period of last four years. Dineshbhai Pandya and Jayshreeben Pandya are the promoters of the company. They have started with vision to find and implement radical solution for very deep rooted challenges of the nation which is into developing phase. So, what defines a kabuki brush? First, the short handle (technically called a stem, FYI) and large, dense head of bristles. The bristles can be either flat, rounded, angled, or slightly tapered at the tip but either way, they are chosen for seamlessly applying makeup over large surface areas. In other words, a kabuki brush is ideal for buffing on foundation, layering on powder, dusting on blush and bronzer, or using it as a finishing step to ensure all of your face makeup is perfectly blended. One brush, so many possibilities. The company is expanding its network through an asset light franchise model and closing the non performing rented stores. Raymond is gradually moving towards omni channel business with impetus on digital and ecommerce business model.

Ramong has already huge manufacturing capabilities with latest machines and technology so it is not required any major capex in next 3-4 years. Mr. Krishna Samraj is the managing director of Magna Electro Castings Ltd. He is also ex-president for Institute of Indian Foundrymen (apex body for foundry in India). Promoters have raised their stake 20% in last 10 years. Shareholding of promoters has increased from 32.41 % in 2011 to 52.58% in 2021. The company is expanding its portfolio in home care segment with some of the key products - Home SudhaDishwashing Liquid, Homesudha Multi-Purpose Liquid, Homesudha Laundry Liquid Detergent, Khadi Night Dress, Khadi Mask, Addshop T-Shirt, 7 in One Kitchen Dicer etc.

Preview

Raymond is also largest over-the-counter branded shirting player in the domestic organised market. The company markets its suiting and shirting fabric under the brand ‘Raymond Fine Fabrics’. Last year company has raised the fund through Rights Issue of up to 59,62,373 equity shares of face value of Rs 1 each for cash at a price of Rs 82 per rights equity share in the ratio of 1:43 fully paid-up equity shares held by the eligible equity shareholders. Up till now Nirma Group has not left any stone unturned to revive this company It is continuously poring the money since long period and now subscribing the maximum portion of the right issue. The Nirma group has continuously given unconditional and irrevocable guarantee for external bank loan facility to SRMTL which ensure the smooth operation and timely servicing of debt. The company will use the all fund raised through the recent right issue to pay the old debt after that negligible long term debt will left on the company. This action has created rift between Gautam Hari Singhania and his father along with other family members.

There is a good reason this spread is far from what you’d expect to see in this matchup: the Nuggets are depleted. At the time of writing, the Nuggets have 6 players listed as out or a game-time decision. Jamal Murray is out, Aaron Gordon is out, and Jokic is listed as a game-time decision. In the midst of the injury issues, Denver has shown they are human, losing 4 of its last 6 games. Meanwhile, the Clippers have finally snapped out of their losing ways and have won 4 of their last 5 and enter tonight’s contest close to fully healthy. You will get some insight about vision and personality of company MD Mr. Krishna Samraj, even though it is eight year old interview .

Gautam Hari Singhania, chairman and managing director of the company has excellent leadership qualities. He has the ability to transform the company with the changing trends and consumer needs for future.