BusinessRaymond Shares Rally 230% in Six Months on Aerospace Growth
Raymond shares surged over 230% in six months, reaching Rs 1,160 on September 24, driven by growing aerospace and defence manufacturing exposure. The company reported Q1 FY27 revenue of Rs 606 crore, up 15.6%, with EBITDA rising 14% to Rs 100 crore and net profit up 50% to Rs 31 crore. Aerospace operations deliver higher margins, boosting overall growth and prompting convertible warrant issuance approval to Minerva Ventures Fund.
NDTV Business·3h ago




