Jyoti CNC Share Price 2024 we know that Jyoti is India’s second-largest Computer Numerical Controller (CNC) manufacturer. The company’s mainboard initial public offering (IPO) was launched on January 9, 2024, and was subscribed approximately 40 times at the end of the 3-day offering period. The share price of Jyoti is affected by various factors that affect the performance of the stock in the market. This article will provide you the details of the CNC company Jyoti to understand the share price of this company in 2024, 2025, 2026, and 2030.
The company’s main business activities are the design, development, and production of CNC machines. The company manufactures CNC turning mills, VMCs, HMCs, CNC 5 axis machining centres, and multi tasking machines. The company operates three manufacturing facilities, two in Gujarat and one in France.
Jyoti CNC’s automation Recent News Headlines
Jyoti Cnc share price opened on a high note on Tuesday, Jan 16, 2024, on the NSE. The company’s share price is quoted at Rs 372 on the NSE, which is 12.39% higher than the Rs 331 per share price quoted in the initial public offering (IPO). On the BSE, the company’s share price started at Rs 372 compared to the Rs 332 per share quoted in the IPO.
Since the opening of the IPO on January 9, 2024, YCNC Automation has seen 38.53% subscription on day 3. The company’s Listing date is January 16, 2024, and the IPO was resumed on 9th January 2024.
The company has received orders worth Rs 3,315 crore from various end-users, including Rs 305 crore from a CNC manufacturer.
YCNC Automation reported a 27% increase in revenue and 131.18% increase in profit after tax in its 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 was a 12.39 percent premium. The company’s IPO resumed on 9th January, 2024 for a three-day period.
Jyoti CNC Share Price 2024 company has received orders worth 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, it is important for an investor to carefully analyze the market trends, key vulnerabilities, and potential risks to the stock and to seek the opinion of an expert before making any investment-related commitments.
