Honestly, looking at the Raymond Ltd share price today can be a bit of a shock if you haven't been paying attention to the corporate drama over the last year. You open your app, see the ticker at ₹395.80 (as of January 16, 2026), and might think the empire has collapsed. After all, the 52-week high was way up at ₹1,658.00.
That is a massive drop.
But here’s the thing: it isn't a crash in the way most people think. It’s a deliberate, surgical carving up of a 100-year-old conglomerate. If you're just looking at the price chart, you’re missing the forest for the trees. The Raymond you knew—the one that sold suits, built apartments, and made drill bits—doesn't exist as a single stock anymore.
The Demerger Identity Crisis
The reason the Raymond Ltd share price looks so bruised is that the "good stuff" was moved into new houses. First, the lifestyle and fashion business was spun off into Raymond Lifestyle Ltd. Then, in May 2025, the real estate arm followed suit.
When the realty demerger hit the record date of May 14, 2025, the stock price technically "crashed" by about 65% in a single day. But that wasn't a loss of value. It was a transfer. If you held one share of Raymond Ltd, you suddenly found yourself owning one share of the new Raymond Realty Ltd as well.
Basically, the current price of ₹395.80 represents what’s left: the engineering business, some denim interests, and the residual corporate shell. It’s like a parent who gave their kids most of the inheritance while they were still alive. The parent's bank account looks smaller, but the family wealth is still there.
Why Raymond Ltd Share Price is Struggling in 2026
Even with the demerger context, the last few months haven't been kind. The stock has slipped nearly 10% in just the last ten days. Why? Well, investors are grappling with what the "new" Raymond actually is.
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The engineering division—operating in precision components for aerospace and defense—is high-margin but complex. It’s a different beast than selling "The Complete Man" suit. Markets hate uncertainty. Right now, there is a lot of "wait and see" regarding how the precision engineering segment will scale without the cash cushion of the textile business.
Technicals vs. Reality
Technically, the stock is in a bit of a "falling knife" scenario. It's trading below its short-term and long-term moving averages. For the chart nerds, the MACD is showing a buy signal, but the general sentiment is "Hold."
- Market Cap: Roughly ₹2,635 Crore.
- Price to Book (P/B): 0.81 (which makes it look kinda cheap).
- 52-Week Low: ₹393.75 (we are basically sitting on the floor right now).
Some analysts, like those at Motilal Oswal, have historically set much higher targets, but those often referred to the pre-split entity. You’ve gotta be careful with old research reports. They can be misleading if they don't account for the fact that the real estate and lifestyle values have been stripped out.
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What’s the Deal with Raymond Realty?
You can't talk about the Raymond Ltd share price without mentioning the demerged real estate arm. Raymond Realty is currently trading around ₹484.85. It's the "growth engine" everyone is actually excited about.
They have a massive 100-acre land bank in Thane. That’s essentially a gold mine in the Mumbai Metropolitan Region. They are projecting revenues of nearly ₹40,000 Crore from their current and upcoming projects. While the parent company (Raymond Ltd) is struggling to find its footing as an engineering play, the realty wing is reporting a 208% year-on-year jump in revenue.
It’s a classic case of the sum of the parts being worth more than the whole. If you kept your demerged shares, you’re likely doing okay. If you’re just buying the "old" Raymond now, you’re betting on drill bits and airplane parts, not luxury condos.
Common Misconceptions to Avoid
The biggest mistake? Thinking the company is "failing" because the price dropped from ₹1,600 to ₹400. It didn't lose that value to the market; it gave it to the shareholders in the form of new listings.
Another thing: don't assume the engineering business is a "dud." While sales de-grew recently (a scary 77% contraction reported in some cycles), that’s largely due to the accounting shifts of the demerger. The "core" engineering revenue is actually becoming the new primary focus. It's a pivot, and pivots are messy.
Actionable Insights for Investors
If you're looking at the Raymond Ltd share price as a potential entry point, here’s the reality of the situation in early 2026:
- Check Your Portfolio: If you held Raymond prior to May 2025, ensure you’ve actually received your Raymond Realty shares in your demat account. Many retail investors miss these corporate actions.
- The Engineering Bet: Only buy the current Raymond Ltd if you believe in the Indian aerospace and defense manufacturing story. That is the only thing that will drive this specific ticker now.
- Watch the ₹390 Support: The stock is teetering near its 52-week low. If it breaks below ₹390, we could see another leg down as stop-losses get triggered.
- Monitor the Promoter Pledge: Historically, the Singhania family has had some shares pledged. In 2026, the timeline for the release of these pledges is a key indicator of financial health.
The days of Raymond being a "one-stop-shop" for your portfolio are over. You now have to choose which part of the family you want to back. The suit-maker (Lifestyle), the builder (Realty), or the engineer (the current Ltd). Each has a very different risk profile.
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Understand that the low price isn't a "discount" in the traditional sense; it’s a reflection of a smaller, more focused business. Treat it as a small-cap engineering play, not the textile giant of the 1990s.