Shares of Raymond Lifestyle Limited (RLL), a textiles and apparel maker demerged from the Gautam Singhania-led Raymond, froze in lower circuit of 5 per cent at Rs 2,869, after listing at Rs 3,020 on the National Stock Exchange (NSE) on Thursday. Shares of RLL were frozen in lower circuit of 5 per cent on the BSE too, at Rs 2,850, after listing at Rs 3,000.The company's stock also hit an intra-day high