Raymond Realty shares list at Rs 1,005 on BSE; Ventura gives Rs 1,383 target price

Raymond Realty shares debuted lower than expected after demerging from Raymond Ltd. Brokerages offer optimistic targets, citing the company's Thane land bank and Joint Development Agreements. The company reported revenue and EBITDA growth in FY25, projecting continued growth with a focus on asset-light development and maintaining a net debt-free status.