Market News

Raymond Hits Fresh 52-Week High as Aerospace and Defence Growth Story Gains Momentum

September 22, 20262 Mins Read
Email :

Author: Nishtha Mehrotra | EQMint


Raymond Limited shares touched a fresh 52-week high of ₹1,193.40 on Tuesday, while the stock was last quoted at ₹1,155.05, up 6.46% as of 9:49 a.m. IST. Investor attention has increasingly shifted toward the company’s aerospace and defence operations following the separation of its lifestyle and real estate businesses.


Raymond’s remaining operations are focused on Aerospace & Defence and Precision Technology & Auto Components, giving the company a more specialised engineering profile.


Its aerospace subsidiary recently secured orders from a leading Indian aerospace and defence major, representing estimated annual business potential of around ₹33 crore across more than 300 part numbers and over 37,000 components.


The company also has long-term supply arrangements with Safran for CFM LEAP engine products and Pratt & Whitney for precision-machined and assembled aerospace components.


Raymond’s aerospace and defence segment reported its highest-ever quarterly revenue in Q1 FY27, rising more than 40% year-on-year, with an order book exceeding ₹5,960 crore.


The company’s ability to convert this order pipeline into sustained revenue, earnings and cash flows will remain important as investors assess its post-demerger growth story.


Disclaimer: This article is for information purposes only and is not investment advice.


For more such information, visit EQMint


Join our WhatsApp channel for timely updates: Whatsapp

Related Tag:

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

eqmint