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VERIFIEDET Markets·positive

Raymond shares rise 4% after former BEL chief joins defence business

AI Summary
  • ·Raymond shares increased by approximately 4%.
  • ·The company appointed Bhanu Prakash Srivastava, former BEL Chairman and MD, as CEO of its defence business.
  • ·Raymond aims to leverage Srivastava's experience to expand its defence electronics and aerospace ventures.
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