1. Raymond shares climb to 52-week high following shift to aerospace-focused business

Raymond shares climb to 52-week high following shift to aerospace-focused business

Business

  • Shares of Raymond Limited rose more than 10 percent during Tuesday's trading session, reaching a high of Rs 1,195.30.
  • The stock opened at Rs 1,092.10 and hit the upper circuit limit of Rs 1,195.30 during the trading session.
  • The company's market capitalization is Rs 7,536.15 crore, reflecting a year-to-date gain of 166.22 percent.
  • In Q1 FY27, Raymond reported a 13 percent increase in total income to Rs 628 crore, driven by aerospace and defence growth.

Source: indiatvnews.com

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