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- JYOTICNC
JYOTICNC
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Recent events
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News
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Corporate Actions
India's Jyoti CNC Automation surges 10% after Q2 profit jump
** Shares of machine tool maker Jyoti CNC Automation JYCA.NS rise as much as 10% to 1,155 rupees
** JYCA reports more than four-and-a half fold Y/Y jump in Q2 consol net PAT while rev from ops rose 42.5% Y/Y
** Adds, co will expand its installed manufacturing capacity at Rajkot facility for 4 bln rupees ($47.4 mln)
** Stock on track to snapping four straight session of loss, if trend holds
** More than 320,000 shares change hands, 2.4x of 30-day avg
** Since listing on Jan. 16, stock is up 196.5%
($1 = 84.4050 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of machine tool maker Jyoti CNC Automation JYCA.NS rise as much as 10% to 1,155 rupees
** JYCA reports more than four-and-a half fold Y/Y jump in Q2 consol net PAT while rev from ops rose 42.5% Y/Y
** Adds, co will expand its installed manufacturing capacity at Rajkot facility for 4 bln rupees ($47.4 mln)
** Stock on track to snapping four straight session of loss, if trend holds
** More than 320,000 shares change hands, 2.4x of 30-day avg
** Since listing on Jan. 16, stock is up 196.5%
($1 = 84.4050 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Jyoti CNC Automation Says Exploring Under-Penetrated Market Demography Such As USA, South Asia
May 21 (Reuters) - Jyoti CNC Automation Ltd JYCA.NS:
EXPLORING UNDER-PENETRATED MARKET DEMOGRAPHY SUCH AS USA, SOUTH ASIA
CONSTRUCTING ADDITIONAL MACHINE BUILDING CAPACITY THROUGH EXPANSION OF ASSEMBLY, SUB-ASSEMBLY
CAPACITY ENHANCEMENT WILL LEAD TO PRODUCTION CAPACITY UP TO 6,000 MACHINES P.A. BY SEPT. 2024
Source text for Eikon: ID:nBSE7YQ0KQ
Further company coverage: JYCA.NS
(([email protected];))
May 21 (Reuters) - Jyoti CNC Automation Ltd JYCA.NS:
EXPLORING UNDER-PENETRATED MARKET DEMOGRAPHY SUCH AS USA, SOUTH ASIA
CONSTRUCTING ADDITIONAL MACHINE BUILDING CAPACITY THROUGH EXPANSION OF ASSEMBLY, SUB-ASSEMBLY
CAPACITY ENHANCEMENT WILL LEAD TO PRODUCTION CAPACITY UP TO 6,000 MACHINES P.A. BY SEPT. 2024
Source text for Eikon: ID:nBSE7YQ0KQ
Further company coverage: JYCA.NS
(([email protected];))
Jyoti Cnc Automation Says Co Directed To Pay Compounding Charges Of 90.7 Million Rupees
April 30 (Reuters) - Jyoti CNC Automation Ltd JYCA.NS:
JYOTI CNC AUTOMATION LTD - CO DIRECTED TO PAY COMPOUNDING CHARGES OF 90.7 MILLION RUPEES
Source text for Eikon: ID:nBSE5M17zZ
Further company coverage: JYCA.NS
(([email protected];))
April 30 (Reuters) - Jyoti CNC Automation Ltd JYCA.NS:
JYOTI CNC AUTOMATION LTD - CO DIRECTED TO PAY COMPOUNDING CHARGES OF 90.7 MILLION RUPEES
Source text for Eikon: ID:nBSE5M17zZ
Further company coverage: JYCA.NS
(([email protected];))
India's Jyoti CNC up on posting profit in Q3
** Shares of Jyoti CNC Automation JYCA.NS rise 6.6% to 629 rupees
** Computer hardware maker reported a consol net profit vs a loss a year ago; rev from ops up 58%
** JYCA gained 90% since listing on Jan.16
** Stock up ~14% in February
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Jyoti CNC Automation JYCA.NS rise 6.6% to 629 rupees
** Computer hardware maker reported a consol net profit vs a loss a year ago; rev from ops up 58%
** JYCA gained 90% since listing on Jan.16
** Stock up ~14% in February
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Jyoti Cnc Automation Reports Profit For Dec-Qtr
Feb 14 (Reuters) - Jyoti CNC Automation Ltd JYCA.NS:
JYOTI CNC AUTOMATION DEC-QUARTER CONSOL NET PROFIT 480.4 MILLION RUPEES VERSUS LOSS 250.8 MILLION RUPEES
JYOTI CNC AUTOMATION LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.78 BILLION RUPEES VERSUS 2.39 BILLION RUPEES
Source text for Eikon: ID:nNSE3fgvv2
Further company coverage: JYCA.NS
(([email protected];;))
Feb 14 (Reuters) - Jyoti CNC Automation Ltd JYCA.NS:
JYOTI CNC AUTOMATION DEC-QUARTER CONSOL NET PROFIT 480.4 MILLION RUPEES VERSUS LOSS 250.8 MILLION RUPEES
JYOTI CNC AUTOMATION LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.78 BILLION RUPEES VERSUS 2.39 BILLION RUPEES
Source text for Eikon: ID:nNSE3fgvv2
Further company coverage: JYCA.NS
(([email protected];;))
Jyoti CNC Automation Approves Fresh Investment Of 1.5 Billion Rupees In Jyoti SAS
Jan 29 (Reuters) - Jyoti CNC Automation Ltd JYCA.NS:
APPROVED FRESH INVESTMENT OF 1.5 BILLION RUPEES IN UNIT JYOTI SAS
Source text for Eikon: ID:nNSEb0kZvR
Further company coverage: JYCA.NS
(([email protected];))
Jan 29 (Reuters) - Jyoti CNC Automation Ltd JYCA.NS:
APPROVED FRESH INVESTMENT OF 1.5 BILLION RUPEES IN UNIT JYOTI SAS
Source text for Eikon: ID:nNSEb0kZvR
Further company coverage: JYCA.NS
(([email protected];))
India's Jyoti CNC Automation jumps in debut trade
** Shares of machine tool maker Jyoti CNC Automation JYCA.NS surge as much as 30.5% to 431.80 rupees in trading debut vs initial public offering (IPO) price of 331 rupees
** At day's high so far, JYCA valued at 98.20 billion rupees ($1.18 billion); stock debuted at 370 rupees
** IPO oversubscribed 38.53 times last week, fetching bids worth 223.69 bln rupees - exchange data
** Co posted profit of 150.6 mln rupees for year ended March 31 vs loss of 483 mln rupees year ago; revenue from operations climbed 24.5%
($1 = 82.9325 Indian rupees)
(Reporting by Rama Venkat in Bengaluru)
** Shares of machine tool maker Jyoti CNC Automation JYCA.NS surge as much as 30.5% to 431.80 rupees in trading debut vs initial public offering (IPO) price of 331 rupees
** At day's high so far, JYCA valued at 98.20 billion rupees ($1.18 billion); stock debuted at 370 rupees
** IPO oversubscribed 38.53 times last week, fetching bids worth 223.69 bln rupees - exchange data
** Co posted profit of 150.6 mln rupees for year ended March 31 vs loss of 483 mln rupees year ago; revenue from operations climbed 24.5%
($1 = 82.9325 Indian rupees)
(Reporting by Rama Venkat in Bengaluru)
India's Jyoti CNC Automation IPO oversubscribed over 16 times
** Initial public offering (IPO) of Jyoti CNC Automation oversubscribed by 16.38 times by final day of bids, attracting bids worth 95.08 bln rupees ($1.15 bln)
** Investors bid for over 287.2 mln shares as of 2 p.m. IST, surpassing 17.5 mln on offer - exchange data
** Machine tool maker's IPO has fresh issue of shares worth up to 10 bln rupees ($120.5 mln); price band set at 315-331 rupees per share
** Co posted profit of 150.6 mln rupees for year ended March 31 vs loss of 483 mln rupees year ago; revenue from operations climbed 24.5%
** ICICI Securities, SBI Capital Markets among IPO book running lead managers
** Co set to make trading debut on Tuesday
($1 = 83.0199 Indian rupees)
(Reporting by Rama Venkat)
** Initial public offering (IPO) of Jyoti CNC Automation oversubscribed by 16.38 times by final day of bids, attracting bids worth 95.08 bln rupees ($1.15 bln)
** Investors bid for over 287.2 mln shares as of 2 p.m. IST, surpassing 17.5 mln on offer - exchange data
** Machine tool maker's IPO has fresh issue of shares worth up to 10 bln rupees ($120.5 mln); price band set at 315-331 rupees per share
** Co posted profit of 150.6 mln rupees for year ended March 31 vs loss of 483 mln rupees year ago; revenue from operations climbed 24.5%
** ICICI Securities, SBI Capital Markets among IPO book running lead managers
** Co set to make trading debut on Tuesday
($1 = 83.0199 Indian rupees)
(Reporting by Rama Venkat)
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Popular questions
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Business
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Shareholdings
What does Jyoti CNC Automation do?
Founded in 1989 by Mr. P.G. Jadeja and Mr. S.L. Jadeja, Jyoti evolved from gear boxes to precision all-geared head lathe machines, then pioneered CNC machine manufacturing in Gujarat. Continues to innovate with CNC Turning Centers and more.
Who are the competitors of Jyoti CNC Automation?
Jyoti CNC Automation major competitors are Triveni Turbine, Kirloskar Brothers, Elecon Engg., Kirloskar Oil Eng, Praj Industries, Tega Industries, Azad Engineering. Market Cap of Jyoti CNC Automation is ₹24,795 Crs. While the median market cap of its peers are ₹10,961 Crs.
Is Jyoti CNC Automation financially stable compared to its competitors?
Jyoti CNC Automation seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Jyoti CNC Automation pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Jyoti CNC Automation latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Jyoti CNC Automation allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Jyoti CNC Automation balance sheet?
Balance sheet of Jyoti CNC Automation is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Jyoti CNC Automation improving?
Yes, profit is increasing. The profit of Jyoti CNC Automation is ₹307 Crs for TTM, ₹151 Crs for Mar 2024 and -₹5.46 Crs for Mar 2023.
Is the debt of Jyoti CNC Automation increasing or decreasing?
Yes, The debt of Jyoti CNC Automation is increasing. Latest debt of Jyoti CNC Automation is ₹150 Crs as of Sep-24. This is greater than Mar-24 when it was -₹467.36 Crs.
Is Jyoti CNC Automation stock expensive?
Jyoti CNC Automation is not expensive. Latest PE of Jyoti CNC Automation is 80.85, while 3 year average PE is 218. Also latest EV/EBITDA of Jyoti CNC Automation is 55.8 while 3yr average is 65.66.
Has the share price of Jyoti CNC Automation grown faster than its competition?
Jyoti CNC Automation has given better returns compared to its competitors. Jyoti CNC Automation has grown at ~40.61% over the last 1yrs while peers have grown at a median rate of -2.67%
Is the promoter bullish about Jyoti CNC Automation?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Jyoti CNC Automation is 62.55% and last quarter promoter holding is 62.55%.
Are mutual funds buying/selling Jyoti CNC Automation?
The mutual fund holding of Jyoti CNC Automation is decreasing. The current mutual fund holding in Jyoti CNC Automation is 10.35% while previous quarter holding is 11.27%.