Raymond Share Price Hits 52-Week High After ₹33 Crore Aerospace Order
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Raymond shares hit a 52-week high after its aerospace arm secured a ₹33 crore order covering 300-plus parts. Read more about the stock’s rally.
Raymond Limited saw a major jump in its share price on 15 September after its aerospace subsidiary secured a fresh ₹33 crore order from a major Indian aerospace and defence company. The stock touched a new 52-week high of ₹1,222.00 during the session.
At 11:39 AM, Raymond shares were trading 8.10% higher at ₹1084.05.
The latest gain extends the stock’s strong run in the market. It has surged around 212% in the past six months and 160% so far in 2026. The stock had touched a 52-week low of ₹320.40 on 30 March 2026.
Uncovering Raymond’s Aerospace Order
The new aerospace contract covers more than 300 part numbers, including precision-machined parts, aerospace castings, and structural components. The products will be supplied for multiple aircraft applications, with annual volumes exceeding 37,000 components.
Production under the contract is expected to begin progressively during 2026 and 2027.
Raymond’s capabilities currently cover machining, castings, structures, and complex assemblies, allowing it to participate at multiple stages of aircraft component manufacturing.
Rakesh Tiwary, Group Chief Financial Officer of Raymond Limited, said the order strengthens the company’s multi-year backlog and improves its capture rate across aerospace programmes. He also highlighted the expansion of Raymond’s customer base within India’s growing domestic aerospace ecosystem.
How Has Raymond’s Share Price Performed?
Raymond’s stock has delivered strong returns across different periods. It has gained about 75% in the past two weeks and around 212% over six months. On a year-to-date basis, the stock is up nearly 160%, while its one-year return stands at about 78%.
On 15 September, the company had a market capitalisation of around ₹7,299 crore. Despite the sharp rise in its share price, Raymond’s reported return on equity stood at -0.73%.
The latest aerospace order adds another business trigger for the company as it continues to build its presence in the domestic aerospace manufacturing sector.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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