Raymond's Aerospace Pivot Powers an 89% Monthly Surge

has been the standout performer of the past week, up around 6.5% over 7 days, around 68.43% over the past month, and a stunning 148.48% year-to-date, with September alone delivering an 89% rally. Business transformation is the core driver. The group's restructuring into Raymond Limited, Raymond Realty, and Raymond Lifestyle gave the market clearer visibility into its fast-growing Aerospace & Defence business. Real order wins, not just hype. On September 15, the stock hit a record high after its aerospace subsidiary won multi-programme orders covering 300+ part numbers and 37,000+ annual components. Numbers support the story. Aerospace revenue grew 40.4% YoY to ₹123 crore, with segment EBITDA at ₹26 crore, genuine earnings growth behind the rally. Sector tailwinds help. India's defence capex is expected to grow at a 16% CAGR through FY30, lifting Raymond alongside peers like Unimech Aerospace.