Jyoti CNC Share Price 2024 In this article, you will get to know the details of this Computer Numerical Control (CNC) company and its share price in 2024, 2025, 2026 and 2030.
The first mainboard initial public offering (IPO) of 2024 was launched on January 9, 2024, and by the end of the 3-day IPO, it had been subscribed around 40 times.
This company is the second largest CNC manufacturer in India and has three manufacturing facilities, two in Gujrat (Gujarat), one in Strasbourg (France) and one in Rajkot (India).
These facilities are used for the design, development and production of CNC machines, including turning mill centers, vertical machining centers, horizontal machining centers, CNC HMCs, CNC 5 Axis machining Centres and multi tasking machines.
Jyoti CNC's automation Recent News Headlines
Jyoti Cnc shares price opened at Rs 372 on the NSE on Tuesday, January 16, 2024. The share price is quoted at Rs 331 per share on the NSE, which is 12.39% higher than the issue price. The share price on the BSE opened at Rs 332 per share, i.e. 38.53 times the issue price on the third day of the IPO. The company's listing on the NSE was on January 16, 2024, and the company's IPO was resumed on January 9, 2024 for subscription. The company has received orders for Rs 3,315 crore from various end-users. The company is a CNC manufacturer, and it has received an order for Rs 305 crore from a company that provides electronics manufacturing services. The company's revenue increased by 27% and its after-tax profit increased by 131.18% in the financial year 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 on the NSE was 16th January 2024 at Rs 331. The stock opened at Rs 372 on the first day of trading, with a premium of Rs 12.39 per share. The company resumed its IPO on 9th January 2024 for a three-day period.
Jyoti CNC Share Price 2024 order book of the company is estimated to be worth over Rs 3.300 crore, which is likely to be a key factor in keeping the company's share price on the right side of the market trend.
India Property Dekho advises investors to carefully analyze market trends, key vulnerabilities, and possible risks to the company's stock and to seek the opinion of an expert before committing to any investment.
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