New Delhi, Sept. 21 -- Shares of Raymond Limited rallied nearly 7% during Monday's trading session, as it extended gains made in the last week's trading session. The company scrip has delivered close to 77% return in three months and around 144% return in 2026 so far.

The recent rally in Raymond Limited stock has come ahead of its Extraordinary General Meeting(EGM), scheduled for Saturday, October 2. The company's EGM is likely to approve key issues like preferential issue of securities on a private placement basis.

The recent uptick in Raymond stock came as multiple triggers heightened investors' interest. "The rally has three visible triggers and one that does not belong to it. The board approved 33.29 lakh convertible warrants to Min...