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Raymond Shares Surge 4.43% to 52-Week High as Aerospace, Defence Business Fuels Re-Rating
New Delhi [India], September 7: Shares of Raymond Limited continued their strong upward momentum on Monday, rising 4.43% to an intraday high of ₹789.60 and marking a fresh 52-week high. The stock closed at ₹773.65, with around 2.89 million shares changing hands during the session. The latest rally has taken the stock 146.8% above its [...]
New Delhi [India], September 7: Shares of Raymond Limited continued their strong upward momentum on Monday, rising 4.43% to an intraday high of ₹789.60 and marking a fresh 52-week high. The stock closed at ₹773.65, with around 2.89 million shares changing hands during the session. The latest rally has taken the stock 146.8% above its 52-week low of ₹320, while it is now just 0.47% below its adjusted historical peak of ₹793.33.
The sharp re-rating comes as investors increasingly view the post-demerger Raymond as a focused engineering and precision-manufacturing company rather than its earlier diversified conglomerate structure. Following the demerger of its lifestyle and real-estate businesses, Raymond Limited now offers more direct exposure to aerospace, defence, automotive components and precision technology. The restructuring has created separate entities for Raymond Limited, Raymond Realty and Raymond Lifestyle, providing greater transparency into the earnings potential and growth prospects of each business.
The company’s latest financial performance has also strengthened the investment narrative. During Q1 FY2027, Raymond’s total income increased 13% year-on-year to ₹628 crore, while EBITDA rose 14% to ₹100 crore. The EBITDA margin improved to 15.9%, indicating continued operating strength.
