Deals & Growth
Mint25 Sept 2026, 10:42 am IST
Raymond shares reach 52-week high; company wins aerospace contract
What happened
- Raymond's share price reached a 52-week high of ₹1,222.15 on the BSE before declining.
- The company's subsidiary, JK Maini Global Aerospace Ltd, secured a contract to assemble wing and centre-fuselage structures for a fighter aircraft.
- Raymond has not disclosed the customer's identity, the specific aircraft programme, or the contract's financial value.
- The company plans to use existing infrastructure to build experience in assembling larger aircraft structures.
Key terms explained
Financial terms from this story, in everyday words.
- 52-week high
- The highest price a stock has reached in the last year.
Original source
Mint
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