Within the machine device producer Jyoti CNC automation, a 6 % stake might be offered via a block deal. CNBC-TV18 has proven from sources that some non-promoters of the corporate are getting ready to promote shareholder shares. Share gross sales might be Rs 1542 crore. It additionally has an abusage possibility of Rs 304 crore. By the top of March 2025, promoters had 62.55 % stake within the firm. Jyoti CNC automation is among the many world’s legendary manufactures within the case of metal-cutting CNC machines. Its shoppers within the protection sector embody Area Software Middle, BrahMos Aerospace, Tata Superior System, Tata Sikorski Aerospace, Turkish Aerospace, Sri-Ram Aerospace and Protection, Bharat Forge, Harsh Engineers, Bosch Restricted and many others. On June 27, he closed at Rs 1124.40 at BSE. The corporate’s market cap is Rs 25500 crore. The inventory got here down round 18 % in 6 months and 9 % in a month. The face worth of the inventory is Rs 2. The 52 -week excessive of the inventory on BSE is Rs 1,501.65, which was created on 18 December 2024. The 52 -week low degree was seen on Rs 750.20 on 28 February 2025. The corporate’s IPO got here in January 2024 and was crammed 40.49 instances. Shares have been listed on BSE, NSE on 16 January 2024. The inventory is buying and selling its IPO worth at Rs 331 to 240.77 % greater worth. Disclaimer: Right here info supplied is being supplied right here just for info. It’s crucial to say right here that the funding market out there is topic to dangers. At all times seek the advice of consultants earlier than investing cash as an investor. There may be by no means recommendation to anybody to speculate cash on behalf of Moneycontrol.
