- By Aditya Pratap Singh
- Fri, 11 Sep 2026 01:53 PM (IST)
- Source:JND
- Raymond shares surged 20% to a fresh 52-week high.
- Strategic shift to aerospace & defence boosts company performance
- Fundraising plan and strong Q1 results fuel stock rally.
Shares of Raymond Ltd skyrocketed 20 per cent during the trading hours on Friday, hitting a fresh 52-week high despite broad-based selling in the domestic stock market. The Raymond Ltd shares started the session slightly higher at Rs 859.15 on the BSE. However, the scrip picked up momentum amid a significant spike in trading volume, gaining nearly 20 per cent against the last closing of Rs 853.50 to hit an intraday and a fresh 52-week high of Rs 1,024.
Latest seen, Raymond Ltd shares were trading at Rs 986.40, up 15.57 per cent or Rs 132.90 on BSE. Meanwhile, its 52-week low stood at Rs 320.40, which the counter touched on March 30, 2026.
Share Price History: 132% Rally This Year
According to BSE data (Till 1:30 PM), this year to date (YTD), the stock surged over 138 per cent, while in the last six months, the stock skyrocketed over 160 per cent. In a month, Raymond Ltd shares rose nearly 60 per cent, and in the last five days, the stock escalated nearly 30 per cent.
Time Period | Performance/Growth |
|---|---|
Year to Date (YTD) | 138% |
Last Six Months | 160% |
Last Month | 60% |
Last Five Days | 30% |
What is behind the rally?
Bringing Aerospace And Defence At Business’s Centre
The stock has been in action ever since the company demerged its lifestyle and real estate businesses into independent listed companies. The recent move from Raymond Ltd has centred on two engineering verticals - aerospace & defence and precision technology & auto components.
The aerospace & defence business of the company has generated Rs 123 crore of revenue in the first quarter of FY27. This is a jump of 40.4 per cent from Rs 87 crore a year ago.
Raymond fundraising plan
Earlier this month, the company informed the exchanges that its board of directors has approved the issue of 3,328,686 convertible warrants. According to the company, each warrant will be priced at Rs 645, including a premium of Rs 635 per warrant.
These warrants can be converted into equity shares in one or more tranches within a maximum period of 18 months from the date of allotment, the exchange filing said.
Q1 results of the company
Metric | Details |
|---|---|
Total Revenue | Rs 628 crore (13% YoY growth) |
EBITDA | Rs 100 crore (14% growth) |
EBITDA Margin | 15.9% |
Stock Market Significantly Down Today
The Indian stock market continued its losing momentum in early trade on Friday, September 11--the last trading day of the week amid elevated crude prices and escalation in the Middle East crisis. At around 1:41 PM, BSE Sensex was trading at 74,523.65, down 0.51 per cent or 378.95 points. Nifty50 was quoted at 23,315.45, down 0.69 per cent or 162.35 points.
Earlier, the BSE's 30-share index started the session with a huge gap down at 74,309.16 and plummeted to an early low of 74,160.16, down 742 points from the last closing of 74,902.59.
Disclaimer: This story is for informational purposes only. It should not be construed as investment advice. Please consult with a certified financial advisor before investing.