Raymond Ltd

Coforge Ltd, Infosys Ltd, Kiri Industries Ltd and Pearl Global Industries Ltd are among the other losers in the BSE's 'A' group today, 09 September 2026.Raymond Ltd crashed 5.95% to Rs 807.3 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 3.84 lakh shares were traded on the counter so far as against the average daily volumes of 1.18 lakh shares in the past one month.Coforge Ltd tumbled 5.60% to Rs 1840. The stock was the second biggest loser in 'A' group.On the BSE, 3.82 lakh shares were traded on the counter so far as against the average daily volumes of 1.59 lakh shares in the past one month.Infosys Ltd lost 4.83% to Rs 1030.6. The stock was the third biggest loser in 'A' group.On the BSE, 7.52 lakh shares were traded on the counter so far as against the average daily volumes of 3.94 lakh shares in the past one month.Kiri Industries Ltd shed 4.77% to Rs 558.9. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.01 lakh shares were traded on the counter so far as against the average daily volumes of 1.15 lakh shares in the past one month.Pearl Global Industries Ltd fell 4.60% to Rs 2257.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 3331 shares were traded on the counter so far as against the average daily volumes of 31440 shares in the past one month.

Raymond Limited announced that its board approved a fundraise of up to Rs 214.71 crore through the issuance of 33,28,686 convertible warrants to Minerva Ventures Fund at an issue price of Rs 645 per warrant, including a premium of Rs 635 per warrant. The warrants, issued on a private placement basis, will be convertible into one equity share with a face value of Rs 10 each, and the conversion period will not exceed 18 months.

Raymond Limited will seek to raise funds through the issuance of equity shares and/or convertible securities or warrants, or other eligible securities, via a rights/preferential basis or other permissible mode, according to a regulatory filing with the BSE Limited and the National Stock Exchange of India Limited on September 3, 2026, with a board meeting scheduled for September 8, 2026.

Elecon Engineering Company Ltd, Kiri Industries Ltd, Anant Raj Ltd and SML Mahindra Ltd are among the other gainers in the BSE's 'A' group today, 03 September 2026.Raymond Ltd surged 12.73% to Rs 752 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.51 lakh shares were traded on the counter so far as against the average daily volumes of 34316 shares in the past one month. Elecon Engineering Company Ltd soared 9.20% to Rs 454.2. The stock was the second biggest gainer in 'A' group. On the BSE, 1.31 lakh shares were traded on the counter so far as against the average daily volumes of 37313 shares in the past one month. Kiri Industries Ltd spiked 9.05% to Rs 572.15. The stock was the third biggest gainer in 'A' group. On the BSE, 1.29 lakh shares were traded on the counter so far as against the average daily volumes of 81569 shares in the past one month. Anant Raj Ltd spurt 8.57% to Rs 638.3. The stock was the fourth biggest gainer in 'A' group. On the BSE, 6.9 lakh shares were traded on the counter so far as against the average daily volumes of 1.4 lakh shares in the past one month. SML Mahindra Ltd rose 7.08% to Rs 5690. The stock was the fifth biggest gainer in 'A' group. On the BSE, 4981 shares were traded on the counter so far as against the average daily volumes of 6284 shares in the past one month.

Raymond Ltd share price declined by 0.33% to Rs 626.55. The Company's net profit jumped 158.59% to Rs 30.85 crore, while revenue from operations slightly gained 0.45% to Rs 605.61 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 2.9 lakh crore, heading higher 11.62%. It has inched up 4.54% over last one week and soared by 31.94% in last one month while the market capitalization of Raymond Ltd has improved by 7.99% and 21.80% in the same period respectively. Profit before tax (PBT) of Raymond Ltd stood at Rs 41.33 crore in Q2 FY26, crashing by 99.23% year-on-year, and jumping 888.76% quarter-on-quarter. EBITDA came in at Rs 55 crore, rallying 117.07% YoY and tanking 16.79% sequentially. Total expenses grew marginally by 0.37% to Rs 566.21 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 186.55 crore, slightly declining by 6.35% YoY, while employee benefits expense was at Rs 113.66 crore, inching up 5.38% YoY. For the TTM ended FY26, revenue from operations grew 13.63% to Rs 2212.1 crore, while net profit saw a marginal increase of 2.92% to Rs 53.54 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 2269% to Rs 135.24 crore, and PBT tumbled by 235.01% to Rs 105.77 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 41.77 crore in FY26, as against Rs 233.14 crore in FY25. Raymond Ltd softened by 2.41% in last one year, performing in line with the benchmark BSE Sensex which has slipped by 1.97% during the same period.

Raymond Limited will hold a board meeting on Friday, August 7, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, according to a filing with the BSE Limited and the National Stock Exchange of India Limited. Trading window for securities of the company will remain closed for designated persons and their immediate relatives until 48 hours after the declaration of the financial results.

Raymond Limited announced the appointment of Mr. Deepal Shah as President - Strategy & Special Projects, classifying him as Senior Management Personnel, effective July 31, 2026, according to a regulatory filing.

Bhanu Prakash Srivastava holds a Bachelor of Technology degree in Mechanical Engineering from IIT-BHU and a Master of Business Administration. With nearly four decades of distinguished leadership at Bharat Electronics (BEL), he brings deep expertise in defence technologies, large-scale programme execution and institution building. In his new role, Srivastava will lead Raymond's defence business, defining its strategic vision, operational roadmap and growth agenda as the company builds a future-ready, technology-led defence platform. As chairman & managing director of BEL, Srivastava tripled market capitalisation from around Rs 51,000 crore to Rs 1.5 lakh crore, secured more than Rs 55,000 crore in new orders, and launched over 100 products while strengthening R&D. Commenting on the appointment, Gautam Hari Singhania, chairman & managing director, Raymond, said: India's defence sector is entering a defining phase of growth, innovation and self-reliance, creating significant opportunities for companies with strong engineering capabilities and long-term commitment. Bhanu Prakash's exceptional leadership, deep understanding of complex defence programmes and proven track record of building high-performance organizations make him the ideal leader to spearhead Raymond's defence journey. We are delighted to welcome him to the Raymond family and are confident that his experience will help establish Raymond as a trusted private-sector partner in India's defence ecosystem. Bhanu Prakash Srivastava said, I am honoured to join Raymond at a defining moment in its growth journey. The Company has built a remarkable legacy of manufacturing excellence, quality and innovation, creating a strong foundation for entering the defence sector. The opportunities emerging from India's focus on indigenous defence capabilities are unprecedented, and I am excited to work with the leadership team to build differentiated technology-led solutions, develop strategic partnerships and create a globally competitive defence business. Raymond Group, a pioneer in fabric manufacturing since 1925, later expanded into sectors such as engineering and real estate. After demerging its lifestyle business and real estate verticals into independent listed entities, the company has two core verticals within the engineering business'precision technology & auto components and aerospace & defense. The company's consolidated net profit tumbled 99.1% to Rs 1.13 crore despite 8.2% jump in net sales to Rs 602.91 crore in Q4 FY26 over Q4 FY25.Powered by Capital Market - Live

Raymond announced that the 101th Annual General Meeting(AGM) of the company will be held on 14 July 2026.

Raymond announced that the 101th Annual General Meeting(AGM) of the company will be held on 14 July 2026.