Raymond closed up about 14% on Thursday on heavy volume.
The trigger: fresh aerospace and defence order wins - its first build-to-specification order for an onboard storage system from a defence-aerospace OEM, and the start of mass production of precision components for a major defence customer. Aerospace and defence revenue was ₹123 crore in Q1 FY27, up 40.4% from ₹87 crore a year earlier.
Source: Business Standard, company disclosure.
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