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VERIFIEDET Stocks·positive
Raymond shares rise 4% after former BEL chief joins defence business
AI Summary
- ·Raymond shares increased by approximately 4%.
- ·Bhanu Prakash Srivastava, former BEL Chairman and MD, has been appointed CEO of Raymond's defence business.
- ·The company aims to leverage Srivastava's experience to expand its defence electronics, systems integration, and aerospace businesses.