Jaykay Enterprises moves up as its arm enters into MoU with CSIR-CSIO
Jaykay Enterprises is currently trading at Rs. 170.00, up by 0.75 points or 0.44% from its previous closing of Rs. 169.25 on the BSE.
The scrip opened at Rs. 171.00 and has touched a high and low of Rs. 171.85 and Rs. 169.80 respectively. So far 1055 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 185.00 on 10-Feb-2025 and a 52 week low of Rs. 65.66 on 05-Jun-2024.
Last one week high and low of the scrip stood at Rs. 178.70 and Rs. 162.90 respectively. The current market cap of the company is Rs. 2071.10 crore.
The promoters holding in the company stood at 62.31%, while Institutions and Non-Institutions held 0.14% and 37.55% respectively.
Jaykay Enterprises’ wholly owned subsidiary--JK Digital & Advance Systems (JK Digital) has entered into a Memorandum of Understanding (MoU) on May 23, 2025, with Council of Scientific & Industrial Research, through its constituent laboratory, Central Scientific Instruments Organisation, Chandigarh (CSIR-CSIO), to collaborate on the research and development of metal implants by using additive manufacturing Technology.
The purpose of entering into MoU is to promote and aid joint development of metal implants by using additive manufacturing technology, development of parameters for metal additive manufacturing machines to achieve enhanced productivity and improved mechanical properties, etc.
Jaykay Enterprises manufactures synthetic yarns, fibres and fabrics, portland and white cement, chemicals, fertilisers, pharmaceuticals and synthetic fibre-making machinery, and chemicals, and develops renewable energy sources.
