Why Raymond Shares Jumped 22% in 2 Days to Record High

Raymond shares** jumped 22% in two trading sessions** to hit a fresh 52 week high on Friday, September 11. The stock briefly hit a 20% upper circuit at ₹1,024.50 on the NSE before easing from the day's high.

The stock has now gained 56% so far in September, with buying interest rising after Raymond announced a fundraise through a preferential issue of share warrants.

Raymond share price today

Raymond shares were trading at around ₹993, up 16.34%, as of 1:28 p.m. on Friday. The stock's intraday high was ₹1,013, while the 52 week low stands at ₹320.

The Raymond stock's intraday high was ₹1,013, while the 52 week low stands at ₹320.

Metric	Value
Current price	₹993
Market cap	₹6,610 crore
52 week high	₹1,013
52 week low	₹320
Stock P/E	39.3
Book value	₹427
Dividend yield	0%
ROCE	3.14%
ROE	168%
Face value	₹10

Why are Raymond shares rising?

The buying interest followed Raymond's announcement of a proposed preferential issue of share warrants. The company plans to issue 33,28,686 convertible warrants at ₹645 per warrant.

The issue includes a premium of ₹635 per warrant and is expected to raise around ₹214.71 crore.

The proposed fundraise by Raymond is subject to the required approvals.

Raymond preferential issue details

The warrants will be allotted on a preferential basis through private placement to Minerva Ventures Fund. The issue is subject to approval from Raymond's members and other required regulatory and statutory approvals.

Raymond informed the stock exchanges about the proposed fundraise on September 8. The stock initially fell nearly 6% the following day, but buying returned on Thursday and continued into Friday.

Raymond stock performance

The latest move has taken the stock sharply higher in September. With a 56% gain so far this month, Raymond has moved well above its recent trading levels and touched a fresh 52 week high.

The stock is now trading close to its recent high, making the company's proposed warrant issue and the required shareholder and regulatory approvals important developments to watch for Raymond.

Why are Raymond shares rising today? Raymond shares are rising after the company announced a ₹214.71 crore fundraise through a preferential issue of convertible warrants.

What is the Raymond share price today? Raymond shares were trading around ₹993 on September 11, 2026, after hitting a fresh 52 week high.

Why did Raymond shares hit a fresh 52 week high? Strong buying interest following the preferential warrant issue announcement pushed Raymond shares to a new 52 week high.

What is the Raymond preferential issue? Raymond plans to issue 33,28,686 convertible warrants at ₹645 per warrant through a preferential issue.

How much money will Raymond raise through the preferential issue? Raymond plans to raise up to around ₹214.71 crore through the warrant issue.

Who will get Raymond's convertible warrants? The convertible warrants will be issued through private placement to Minerva Ventures Fund.

What is the Raymond warrant issue price? The issue price is ₹645 per convertible warrant, including a premium of ₹635 per warrant.

Why did Raymond shares rise 22% in two days? The sharp rise came after buying interest returned following the company's preferential warrant fundraise announcement.

How much have Raymond shares gained in September 2026? Raymond shares have gained about 56% so far in September 2026.

What is Raymond's 52 week high? Raymond's recent 52 week high is around ₹1,024.50 based on the trading move reported on September 11.

Did Raymond shares hit the upper circuit today? Yes, Raymond shares briefly hit the 20% upper circuit and touched ₹1,024.50 on the NSE.

What happened to Raymond shares after the fundraise announcement? Raymond shares initially fell nearly 6% after the September 8 announcement before buying interest returned in the following sessions.

Is Raymond's preferential issue approved? The issue is subject to approval from Raymond's members and other applicable statutory and regulatory approvals.

Is Raymond share good to buy after the recent rise? The recent rally does not by itself determine whether Raymond shares are good to buy. Investors should consider the valuation, business performance and risks before making a decision.

What is Raymond's market cap? Raymond's market capitalisation is around ₹6,610 crore based on the latest market data provided.

What is Raymond's P/E ratio? Raymond's stock P/E is around 39.3 based on the latest market data provided.

What is Raymond's book value? Raymond's book value is around ₹427 per share based on the latest market data provided.

What is the outlook for Raymond shares? The near term outlook will depend on buying momentum, the preferential issue approvals and how the market reacts to the proposed fundraise.

What is Raymond's latest share market news? Raymond's latest major stock market development is its proposed ₹214.71 crore preferential issue of convertible warrants to Minerva Ventures Fund.

What should investors watch in Raymond shares now? Investors will likely watch the preferential issue approvals, warrant allotment process, trading momentum and the stock's ability to sustain its recent gains.