Jyoti CNC Share Price 2024
Jyoti CNC Share Price 2024 We Know That Jyoti is the second largest CNC manufacturer in India and its manufacturing facilities are located in Gujarat, Jaipur, and St. Louis, USA. The company's mainboard initial public offering (IPO) in 2024 was launched on January 9, 2024 and was subscribed approximately 40 times at the end of the 3-day opening. The share price of Jyoti is subject to many factors that affect the performance of the stock in the market. This article will help you understand the CNC company's share price in 2024, 2025, 2026, and 2030.
The company's main business activities are the design, development, and production of CNC machines. The company's manufacturing facilities are in Jaipur (Gujarat), Jaipur (St. Louis, USA), and Jaipur (Jaipur, India. The company manufactures CNC turning mills, VMCs, HMCs, and multi tasking machines.
Jyoti CNC's automation Recent News Headlines
Jyoti share price made a decent opening on Tuesday, January 16, 2024, on the National stock exchange (NSE). The share price of Jyoti Corporation Limited is quoted at Rs 372 per share on the BSE, which is 12.39 percent premium to the initial share price issued on January 9, 2024, when the share price of the company was quoted at Rs332 per share. The company's initial public offering (IPO) was resumed on 9 January 2024, with 38.53 percent subscription volume on day 3.
The company has received orders for an amount of Rs 3.315 crore from various end-users, including a Rs 305 crore order from a CNC manufacturer and an order for Rs 305 crore from a company providing electronics manufacturing services. Jyoti Corporation's revenue increased by 27% and its after-tax profit increased by 131.18 percent in the fiscal year of 2022-23.
The following tables will take you through the representation of Jyoti CNC Share Price NSE predictions in its upcoming years of trading in the Indian Share Market.
Jyoti CNC Share Price Target (2024)
| Month (2024) | Average Target |
| January | Rs 443.40 |
| February | Rs 449.45 |
| March | Rs 450.50 |
| April | Rs 451.50 |
| May | Rs 449.60 |
| June | Rs 450.75 |
| July | Rs 452.75 |
| August | Rs 456.80 |
| September | Rs 458.90 |
| October | Rs 460.90 |
| November | Rs 462.95 |
| December | Rs 466.13 |
(financerule.com)
Jyoti CNC Share Price Target (2025)
| Month (2025) | Average Target |
| January | Rs 467.10 |
| February | Rs 469.10 |
| March | Rs 478.20 |
| April | Rs 483.20 |
| May | Rs 489.15 |
| June | Rs 495.10 |
| July | Rs 499.20 |
| August | Rs 508.30 |
| September | Rs 519.35 |
| October | Rs 527.40 |
| November | Rs 531.40 |
| December | Rs 536.15 |
(financerule.com)
Jyoti CNC Share Price Target (2026 to 2030)
| Year | Target Range |
| 2026 | Rs 538 - 580 |
| 2027 | Rs 581 - 623 |
| 2028 | Rs 625 - 673 |
| 2029 | Rs 674 - 695 |
| 2030 | Rs 700 - 789 |
Jyoti CNC Automation Ltd Competitors
- Elgi Equipments Ltd - P/E Ratio 44.30
- Lakshmi Machine Works Ltd - P/E Ratio 37.69
- Triveni Turbine Ltd - P/E Ratio 67.76
- TD Power Systems Ltd - P/E Ratio 46.66
- Macropower CNC Machines Ltd- P/E Ratio 51.31
Jyoti CNC Automation Investors
- Goldman Sachs
- Nomura Funds
- Natixis Equity Fund
- Optimix Wholesale Global
- The Master Trust Bank of Japan
- Prudential Hong Kong
- Carmignac Portfolio
- Allianz Global Invrestors Fund
- Eastspring Investments India Fund
Conclusion
The listing date of the company was 16th January 2024 with an issue price of Rs 331 on the NSE. The stock opened well on the first day of trading at Rs 372.00 per share, which is a 12.39 percent premium. Earlier, the company's IPO resumed on 9th January, 2024 for 3 days.
Jyoti CNC Share Price 2024 company has secured orders of over Rs 3,300 crore, which could prove to be a key factor in keeping the company's share price on the good side of the market trend.
However, according to India Property Dekho, it is important for investors to carefully analyze market trends, key vulnerabilities, and potential risks to the stock and to seek the opinion of an expert before making any investment-related commitments.
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