Latest news with #JyotiCNC
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Business Standard
30-06-2025
- Business
- Business Standard
Jyoti CNC Automation slips 4%; 0.56 million shares change hands on BSE
Jyoti CNC Automation shares slipped 4.2 per cent in trade on Monday, logging an intraday low at ₹1,076.6 per share on BSE amid large trades. At 9:46 AM, 0.56 million shares were traded on BSE and on National Stock Exchange (NSE), 15.7 million shares were traded. Around the same time, Jyoti CNC share price was trading 3.01 per cent lower at ₹1,090.6 per share on the BSE. In comparison, the BSE Sensex was down 0.24 per cent at 83,853.76. The company's market capitalisation stood at ₹24,802.76 crore. Its 52-week high was at ₹1,501.65 per share and 52-week low was at ₹750.2 per share. In one year, Jyoti CNC shares have lost 16 per cent as compared to Sensex's rise of 6 per cent. Jyoti CNC Automation made a stock market debut on January 16, 2024, with its shares listing at ₹372, up 12 per cent over its issue price of ₹331 per share on the BSE. Jyoti CNC Automation block deal detail According to data compiled by Bloomberg, 13.6 million shares or 6 per cent equity changed hands through a block deal. The dealers of the transactions were not known. As of March 2025, promoters held a 62.55 per cent stake in the company. Besides, mutual funds held 10.35 per cent and Alternate Investment Funds 0.02 per cent. Non-promoter shareholders were likely to sell approximately 6 per cent of Jyoti CNC Automation through block deals, according to reports. The deal size was estimated at around ₹1,542 crore. ALSO READ | Jyoti CNC Automation Q4 results In the fourth quarter ended March 2025, Jyoti CNC posted a net profit of ₹108.97 crore as compared to ₹99.6 crore, up 9 per cent. Its revenue for the quarter stood at ₹575.68 crore as compared to ₹450.13 crore, up 28 per cent. The company's total expenses for the quarter under review stood at ₹419.61 crore as compared to ₹345.5 crore, up 21 per cent. About Jyoti CNC Automation Jyoti was incorporated in 1989, the company's product ranges from manufacturing gearboxes for machines to developing precision all-geared head lathe machines. The company has a very widespread product basket consisting of a series of CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers, CNC Horizontal Machining Centers, CNC 5 Axis Machining Centers, and CNC Multi-tasking Machining Centers along with Industry 4.0 and Artificial Intelligence (AI) Solutions.
Time of India
30-04-2025
- Business
- Time of India
Top stocks to buy today: Stock recommendations for April 30, 2025
Top stocks to buy (AI image) Stock market recommendations : According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, Inox Wind, Symphony and Jyoti CNC are the top stocks to buy today: INOX WIND: BUY in ₹173–₹170 Range | Stop Loss: ₹162 | Target: ₹190 Inox Wind recently gave a range breakout and has since been consolidating above its 200 DEMA, reflecting underlying strength. The breakout was accompanied by strong volumes, indicating active accumulation. Momentum oscillators are also positively placed, aligning well with the price action. Traders are advised to buy Inox Wind in the ₹173–₹170 range, keeping a stop-loss at ₹162, and targeting ₹190 in the near term. SYMPHONY: BUY in ₹1184–₹1180 Range | Stop Loss: ₹1140 | Target: ₹1260 Symphony witnessed a sharp decline recently, but has shown a strong recovery from lower levels. A reversal is already visible on the long-term charts, and the daily structure suggests the stock is now turning up after completing a base. It is poised to retest its 200 DEMA and SMA, offering a short-term opportunity. Traders are advised to buy Symphony in the ₹1184–₹1180 range, with a stop-loss at ₹1140, and a target of ₹1260. JYOTI CNC: BUY at ₹1115 | Stop Loss: ₹1050 | Target: ₹1210 Jyoti CNC is showing strong technical alignment, also backed by positive fundamentals. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo The stock is breaking out of an inverse head and shoulders pattern on the daily chart, a bullish reversal structure. RSI is about to cross the 60 mark, suggesting building momentum. Traders are advised to buy Jyoti CNC at ₹1115, with a stop-loss at ₹1050, aiming for a target of ₹1210. Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
