Jyoti CNC Share Price 2024 manufacturer with three manufacturing facilities (Gujrat, Strasbourg, and Rajkot) which are used for the design, development, and production of CNC machines. The company’s first mainboard IPO of 2024 was launched on January 9, 2024 and was subscribed approximately 40 times at the end of the 3-day opening period. The share price of Jyoti is affected by various factors that affect the performance of the stock in the market. In this article, you will learn about the CNC company Jyoti and its share price in 2024, 2025, 2026, and 2030.
Jyoti CNC’s automation Recent News Headlines
Jyoti CNC 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 the third day of the IPO.
The company has received orders for a total 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 that provides electronics manufacturing services.
According to the company’s annual report, the company’s revenue increased by 27% and its after-tax profit increased by 131.18%.
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’s initial public offering (IPO) resumed on 9th January, 2024, for a three-day period.
Jyoti CNC Share Price 2024 company has been able to secure orders worth over Rs 3.300 crore, which is likely to be a key factor in sustaining the positive trend of the company’s share price.
India Property Dekho advises investors to carefully analyze market trends, key vulnerabilities, and possible threats to the company’s stock, and to seek the opinion of an expert before committing to any investment.