Jaykay Enterprises JV gets new LoA from Ircon International worth ₹162.25 CrJaykay Enterprises JV gets new LoA from Ircon International worth ₹162.25 Cr

Introduction

Leading industrial and digital manufacturing firm secured a ₹162.25 crore domestic order from Ircon International to design, supply, install, commission, and train CNC machines at MSME Training Centres within 240 days.

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Share price movement of Jaykay Enterprises

On December 17, 2025, Jaykay Enterprises Ltd opened at ₹208.40, up 1.86% from its previous close of ₹204.60. The stock reached a high of ₹212.80 (3.95%) and a low of ₹197.00 (-3.65%). By 2:54 PM, it traded at ₹197.80, a 3.32% decrease, with a market cap of ₹2,577.08 crore.

J K Phillips Secures ₹162 Crore Order

J K Phillips LLP, a 50:50 joint venture between Jaykay Enterprises and Phillips Machine Tools India, received an order from Ircon International Limited. The contract value is ₹162.25 crore including GST.

The order covers design, supply, installation, commissioning, and training of CNC machines for MSME Training Centres across India. The project is a turnkey contract under GE-Package-1.

The completion period for the project is 240 days from December 16, 2025. The contract supports MSME capacity building and digital transformation, aligning with the Government of India’s Viksit Bharat vision.

Stock performance of Jaykay Enterprises for Period of 1 week, 6 months, and 1 year

Jaykay Enterprises Ltd delivered a 2.80% return over the past week. It gained 41.3% over the past six months and rose 63.8% over the past year.

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Shareholding pattern of Jaykay Enterprises

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	65.20%	62.90%	62.30%
FII	0%	0.20%	0.10%
DII	0%	0%	0%
Public	34.70%	37.00%	37.60%

About Jaykay Enterprises

Jaykay Enterprises Ltd (NSE: JAYKAY) is part of the J K Organisation, specializing in additive manufacturing, 3D printing, prototyping, powder metallurgy, digital manufacturing, reverse engineering, and engineering solutions for defense and aerospace sectors.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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