Jyoti Cnc Share Price 2024 at Automation Ltd. is the second-largest Computer Numerical Control (CNC) manufacturer in India. It has three manufacturing facilities: two in Gujrat, one in Strasbourg (France), and one in Rajkot (Gujarat, India). These facilities are used for the design, development, and production of CNC machinery, including CNC turning mills, vertical machining centers, horizontal machining centers, CNC 5 Axis machining centers, and multi tasking machines.
On January 9, 2024, the company launched its first mainboard initial public offering (IPO) in India. By the end of the 3-day IPO, the company’s share price had been subscribed around 40 times.
This article will provide you with information about this CNC company in order to help you understand the share price of this company in the years 2024, 2025, 2026, and 2030.
Jyoti CNC’s automation Recent News Headlines
Jyoti CNC Share Price 2024 made a decent opening on Tuesday, Jan 16, 2024, on the NSE. The share price of Jyoti Corporation Limited is quoted at Rs 372 per share on the NSE, which is a premium of 12.39%. On the BSE, the share price has opened at Rs 332 against the issue price of Rs332 per share. Jyoti Corporation’s Initial Public Offering (IPO) has seen 38.53% subscription on Day 3 since its opening on Jan 9, 2024. The company’s listing on the NSE took place on January 16, 2024, and the IPO resumed on January 9, 2024.
The company has received orders worth Rs 3.315 crore from various end-users, including Rs 305 crore from a CNC manufacturer and Rs 500 crore from a company that provides electronics manufacturing services. Jyoti Corp. Limited’s revenue has increased by 27% and its after-tax profit has 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
Jyoti CNC Share Price 2024 the company was listed on the NSE 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 after a three-day suspension. The company has received orders worth over Rs 3.300 crore, which is likely to be a key factor in keeping the company’s share price on the good side of the market trend.
India Property Dekho advises investors to carefully analyze market trends, key vulnerabilities, and possible threats to the company’s stock, and to seek the advice of an expert before committing to any investment.
