Jaykay Enterprises is witnessing a strong surge in its stock price, trading at Rs. 164.81, which marks an increase of 13.72 points or 9.08% from its previous close of Rs. 151.09 on the BSE.

The stock opened at Rs. 151.90 and has hit a high of Rs. 166.00 and a low of Rs. 151.90 in today's session, with 462,679 shares being exchanged so far.

This BSE group 'X' stock, with a face value of Rs. 1, reached its 52-week high of Rs. 166.19 on October 15, 2024, and had a 52-week low of Rs. 42.85 on October 25, 2023. Over the past week, the stock has seen a high of Rs. 166.19 and a low of Rs. 112.00. The company currently holds a market capitalization of Rs. 1,897.07 crore.

In terms of shareholding, promoters control 56.29% of the company, with institutions holding 2.51% and non-institutional investors owning 41.21%.

On October 14, 2024, Jaykay Enterprises acquired an additional 1,00,00,000 equity shares (face value Rs. 10 each) and 5,00,000 preference shares (face value Rs. 100 each) in its wholly-owned subsidiary, JK Digital & Advance Systems, through a Rights Issue. This acquisition, totaling Rs. 15 crore, was paid for in cash.

Jaykay Enterprises is engaged in manufacturing synthetic yarns, fibres, fabrics, portland and white cement, chemicals, fertilizers, pharmaceuticals, and synthetic fibre-making machinery. The company is also involved in developing renewable energy sources.