Jaykay Enterprises Ltd share Price Today

Jaykay Enterprises Ltd (Formerly known J K Synthetics Ltd) was incorporated in May, 1961. In priority, the Company was primarily involved in registrar and transfer agent services. At present, the Kanpur-based JK Synthetics 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. In 1973, a plant for making synthetic fibre machinery got commissioned in collaboration with Karl Fischer, Germany. In Mar.`79, an acrylic fibre project was set up in tie-up with Technimont, Italy. In 1980, it made an entry into computer software by putting up an unit to manufacture facsimile systems and allied equipment. In 1988-89, it set up a complex in U.P. to manufacture aromatic and purified terephthalic acid (PTA). In 1991-92, it entered into collaborations with UOP Inter-American, US, for the aromatic process and with Krupp Koppers, Germany, and Uhde India, for engineering services and also tied up with Progress Software Corporation, US. It has a tie-up with MOCO, US, for the manufacture of PTA. In 1995 the company was granted the status of an Export House. During 1999-2000, the BIFR has directed the company to submit a revised rehabilitation proposal and IDBI has been appointed as the operating agency. The Mangrol Grey Cement project which was delayed for some years,was commissioned in December 2001 with a capacity of 7.50,000 MT p.a. The Company demerged its Cement Business during the year 2004 and consequent of this demerger,a new Company was formed in the name of `J.K.Cement Ltd.` for Cement Business. As per the Scheme of Arrangement, the shareholders of the Company were entitled to receive 1 equity share of Rs.10/- each of J.K.Cement Ltd for every 10 equity shares held in J.K.Synthetics Ltd. i.e., 1:10. During the year 2006-07, the Rehabilitation Scheme approved by Hon`ble AAiFR vide their orders dated 23.01.2003 and 7.01.2005 for de-merger/ sale of cement plants and Kota plants was fully implemented. In respect of Kota plant transaction, the lease hold land was transferred to M/s Arfat Petrochemicals Pvt. Ltd. (APPL) after getting necessary approvals from Government of Rajasthan. The Company was renamed to `Jaykay Enterprises Limited` effective from 15th October, 2010. To quick start of new business, during the year 2017-18, Company identified to take over the existing business running into the name of `M/s. Nebula3D Services Private Limited, at Bengaluru, in Karnataka. Accordingly, the Company purchased 5,45,957 Equity Shares of Rs.10/- each comprising 27.65% of the Equity Share Capital of the Nebula3D at a purchase consideration of Rs. 33,809,374/- effective on 6th April, 2018 and resulting, it started running the new business. The Company built a workshop in Bengaluru for Tear Down & Benchmarking during FY 2019-20. The Center of Excellence(COE) for Hi-Tech manufacturing established in Bengaluru, was made operational from March 30, 2022. The Company thereafter acquired 99% stake in Bangalore based partnership firm M/s. Silvergrey Engineers (SGE) engaged in production of hi-tech defence parts and equipment for HAL, ISRO, Gas Turbine Research Establishment, TATA Advanced Systems, BHEL, Aeronautical Development Agency, DRDO etc during FY 2021-22. Further, it diversified into Real Estate activities also. In addition, two Wholly Owned Subsidiary got incorporated i.e. JK Defence & Aerospace Limited and JK Digital & Advance Systems Private Limited effective on July 27, 2023. Further, the Company, through its wholly owned subsidiary i.e. JK Defence & Aerospace Limited acquired the 76.41% equity stake in Allen Reinforced Plastics Private Limited on July 09, 2023, as a result, Allen became a Subsidiary of JK Defence and a step-down subsidiary of the Company.

Jaykay Enterprises share price as on 18 May 2024 is Rs. 130.75. Over the past 6 months, the Jaykay Enterprises share price has increased by 61.18% and in the last one year, it has increased by 174.45%. The 52-week low for Jaykay Enterprises share price was Rs. 41.8 and 52-week high was Rs. 169.