Jaykay Enterprises: Stock jumps 6% after announcing JV with Philips Machine Tools India
News by Aliceblue News Desk
25 Sept 2025
Introduction
Leading joint venture has secured an order worth ₹139.48 crore from Ircon International to design, supply, install, commission, and train for advanced machinery at MSME training centres across India within 240 days.
Also Read: Dilip Buildcon: Stock jumps 6% after receiving new order worth ₹1,115 Cr
Share price movement of Jaykay Enterprises
On September 25, 2025, Jaykay Enterprises Limited opened at ₹222.00, up 5.63% from its previous close of ₹201.45. The stock reached a high of ₹224.50 and a low of ₹209.00. By 10:12 AM, it traded at ₹212.80, with a market cap of ₹2,772.51 crore.
Jaykay JV Wins ₹139.48 Crore Ircon Contract
Jaykay Enterprises Limited announced that J K Phillips LLP, its 50:50 joint venture with Phillips Machine Tools India, has received an order worth Rs. 139.48 crore from Ircon International Limited.
The contract includes design, supply, installation, commissioning, and training of various plant and machineries for MSME training centres across India. Key machineries include CNC EDMs, CMM EDMs, and 3D printers.
The order will be executed within 240 days from September 24, 2025. Ircon International, a Navratna company, awarded the domestic contract. Jaykay confirmed it is not a related party transaction.
Stock performance of Jaykay Enterprises for Period of 1 week, 6 months, and 1 year
Jaykay Enterprises Ltd delivered a 9.28% return over the past week, gained 60.4% in the past six months. The stock rose 115% over the past year.
Also Read: L&T: Stock jumps after partnering with BEL for fighter aircraft development
Shareholding pattern of Jaykay Enterprises
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 62.90% | 62.30% | 60.60% |
| FII | 0.20% | 0.10% | 0.20% |
| DII | 0.00% | 0.00% | 0.00% |
| Public | 37.00% | 37.60% | 39.30% |
About Jaykay Enterprises
Jaykay Enterprises Ltd (BSE: 500306), incorporated in 1961, operates in additive manufacturing, prototyping, 3D printing, powder metallurgy, reverse engineering, and plant modelling, serving sectors like defense, aerospace, and large-scale digital manufacturing.
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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.
FAQs
Q: Why is Jaykay Enterprises Limited share price going up today?
A: Jaykay Enterprises Limited share price rose after its joint venture received a ₹139.48 crore order from Ircon International Limited.
Q: What does Jaykay Enterprises Limited specialize in?
A: Jaykay Enterprises Limited specializes in additive manufacturing, prototyping, 3D printing, powder metallurgy, reverse engineering, and plant modelling solutions.
Q: What is the market capitalization of Jaykay Enterprises Limited?
A: As of September 25, 2025, the market capitalization of Jaykay Enterprises Limited stood at approximately ₹2,772.51 crore.
News Author
Aliceblue News Desk
