Wednesday, 9 September 2026 MUMBAI EDITION LIVE

Raymond Shares Hit Record High of ₹847.30

Raymond shares surge 8% to lifetime high, driven by aerospace and defence growth.

Mumbai Alert · Markets Desk
Mumbai Alert · Markets Desk
Markets Desk · Mumbai Alert News · Wed, 09 September 2026 at 11:35 am
Raymond Shares Hit Record High of ₹847.30

Raymond Limited shares soared to a record high of ₹847.30 on Tuesday, with an 8% increase in share price. This surge was driven by the company's growing aerospace and defence businesses, which have drawn investor attention following its restructuring.

The company's share price broke past its previous adjusted record high of ₹793.33, with the stock trading at ₹835.60, up 8.18%, and over 4.50 million shares changing hands during morning trade.

Raymond's listed entity is now increasingly focused on aerospace, defence, precision engineering, and automotive components, following the separation of its lifestyle and real estate businesses.

In its Q1 FY27 results, Raymond reported a 13% year-on-year rise in total income to ₹628 crore, while EBITDA increased 14% to ₹100 crore. Profit after tax jumped 50% to ₹31 crore.

The company's Aerospace & Defence segment delivered strong growth, with revenue climbing 40% to ₹123 crore. Segment EBITDA stood at ₹26 crore, translating into a margin of 21.2%.

Raymond's aerospace business has an order book of more than ₹5,960 crore, spread across a 10-year contract horizon. The company also has an active ₹1,632 crore request-for-quotation (RFQ) pipeline.

It supplies more than 1,300 aero-engine parts, including over 350 components for LEAP engines. The company is implementing an approximately ₹1,000 crore capacity expansion programme across aerospace, defence, precision technology, and next-generation mobility.

Raymond reported a net cash surplus of ₹129 crore as of June 2026, providing financial flexibility for the expansion. The company's transformation from a diversified conglomerate into an advanced-manufacturing-focused company has helped reshape its market positioning.

However, converting its RFQ pipeline into orders, scaling capacity, and maintaining margins will remain important for sustaining growth.

The company's focus on aerospace and defence has been a key driver of its growth, and its ability to execute its expansion plans will be crucial in maintaining its momentum.

As the Indian aerospace and defence sector continues to grow, Raymond is well-positioned to capitalize on this trend. The company's strong order book and pipeline provide a solid foundation for its future growth prospects.

In conclusion, Raymond's record high share price is a testament to its successful transformation and growth prospects. The company's focus on aerospace and defence has been a key driver of its success, and its ability to execute its expansion plans will be crucial in maintaining its momentum.

Frequently asked questions

What drove Raymond's share price surge?

The company's growing aerospace and defence businesses drove the surge in its share price.

What is Raymond's current order book value?

Raymond's aerospace business has an order book of more than ₹5,960 crore.

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