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Market move● Neutral for Raymond
240% rally in six months! Defence stock Raymond hits 52-week high; exit or hold? Explained with target, stop-loss, ratio
The brief
- Raymond shares peaked at ₹1,222.15, a 52-week high, before declining
- The company announced a contract for larger aircraft structures
- The aircraft-structures contract may affect Raymond investors and India’s defence and aviation supply chains
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| RAYMOND | Fri, 25 Sept | −0.6% | −0.9% | 0.5× | −0.6% · Nifty +0.3% |
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