26 Sep 2025 | 5 Mins Read

Raymond Lifestyle shares decline 4% amid Income Tax survey

Flipitmoney

Raymond Lifestyle shares slid 4.2% to Rs 1,200.55 after the company disclosed an Income Tax Department survey at its offices and manufacturing units in India. The company stated officials conducted an investigation under Section 133A and is cooperating. Market participants expressed near-term caution, weighing on investor sentiment despite a partial 16.85% gain over six months.