Stock jumps 19% after commencing production of greenfield manufacturing facility in Murbad, MaharashtraStock jumps 19% after commencing production of greenfield manufacturing facility in Murbad, Maharashtra

Introduction:

Leading engineering firm’s wholly owned subsidiary commenced commercial production at its new Greenfield Manufacturing facility in Murbad, Maharashtra, enhancing its material handling equipment production capacity to 2,100 units annually, strengthening its market presence and operational capabilities.

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Share price movement of  Jost’s Engineering:

On April 2, 2025, Josts Engineering Company Ltd opened at ₹470.00, up 5.41% from its previous close of ₹445.95. The stock hit a high of ₹534.40 (19.81%) and a low of ₹462.00. By 3:22 PM, it traded at ₹510.00, a 14.36% increase, with a market cap of ₹508.92 crore.

Jost’s Subsidiary Starts Murbad Production:

Jost’s Engineering Company Ltd.’s wholly owned subsidiary, JECL Engineering Ltd., commenced commercial production at its Greenfield Manufacturing facility in Murbad, Maharashtra, on April 1, 2025, enhancing its material handling equipment production capabilities.

The newly established facility, located at Plot No. L-5, Add. MIDC, Kudawali Village, has an annual production capacity of approximately 2,100 material handling equipment units, strengthening the company’s position in the industrial equipment sector.

Stock performance of  Jost’s Engineering for Period of 1 week, 6 months, and 1 year:

Josts Engineering Company Ltd delivered a 20.7% return over the past week, declined by 21.0% in the past six months, and gained 15.3% over the past year.

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Shareholding pattern of  Jost’s Engineering:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	48.30%	47.20%	47.20%
FII	0%	0%	0%
DII	0.10%	0.10%	0.10%
Public	51.70%	52.70%	52.70%

About  Jost’s Engineering:

Jost’s Engineering Company Ltd (BSE: 505750), incorporated in 1907, manufactures material handling equipment and provides engineering solutions across industries like power, oil & gas, defense, aerospace, IT, and automotive, with a strong nationwide service and dealer network.

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.