India's Raymond jump after quarterly profit rise

Raymond

27/01/2026 08:24

** Shares of Raymond RYMD.NS rise 5.4%; earlier rose as much as 13.6% to 420 rupees

** Co reports 78% Q3 profit rise, supported by demand for aero and defense components; rev up 20%

** Reuters could not immediately establish a reason for the trim in gain on the day

** More than 2.6 million shares traded so far, about 10x 30-day avg volume

** Stock fell 24% in 2025

(Reporting by Brijesh Patel in Bengaluru)

((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))