{"id":330661,"date":"2026-10-28T13:16:10","date_gmt":"2026-10-28T07:46:10","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=330661"},"modified":"2026-10-28T13:16:10","modified_gmt":"2026-10-28T07:46:10","slug":"raymond-share-price-retraces-after-7-percent-jump-amid-weak-market-aerospace-defence-triggers-key-levels-and-upside-check","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/raymond-share-price-retraces-after-7-percent-jump-amid-weak-market-aerospace-defence-triggers-key-levels-and-upside-check\/","title":{"rendered":"Raymond Share Price Retraces After a 7% Jump Amid a Weak Market: Aerospace and Defence Triggers, Key Levels and Upside Check"},"content":{"rendered":"

The Raymond share price rose as much as 7.3% to Rs 1,160.5 on the NSE on Wednesday, 28 Oct 2026, and then retraced to Rs 1,060.9 at 1:11 PM IST, down 1.88% from the previous close of Rs 1,081.20 (my calculation of the high: +7.33%). The stock is about 11.4% below its all-time high of Rs 1,196.75 (BSE, 24 Sep, my calculation), and its 14-day RSI is 25, which is in the oversold zone.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Raymond share price retraced on 28 Oct 2026 because the early 7% jump to Rs 1,160.5 faded in a weak market, leaving the stock at Rs 1,060.9, which is below its 20-day EMA of Rs 1,101 and its Supertrend line of Rs 1,257. The medium-term story is the aerospace and defence business, where subsidiary JK Maini Global Aerospace won a fighter-aircraft structures tender and the company reports a 10-year order book of over Rs 5,960 crore. I could not retrieve any brokerage target for the Raymond share price, so the levels in this article are chart reference points and not targets. This is educational and not a recommendation.<\/p>\n<\/p><\/div>\n

The Raymond share price has been one of the sharpest movers in the market, rising 95% in four weeks to a record in September before today’s reversal. This article explains what is behind the Raymond share price move, what the aerospace and defence orders are worth, where the chart levels sit, how the valuation looks, and what to check before acting, using data as of 1:11 PM IST.<\/p>\n

Sources conflict on the open: the headline says Raymond opened at Rs 1,019, but the data provider shows an open of Rs 1,109 and a high of Rs 1,160.5, so I use the provider’s figures. I also did not find a same-day announcement that explains today’s spike, so the triggers below are from earlier filings. It is educational and not advice.<\/p>\n

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