Jaykay Enterprises Limited announces acquisition of controlling stake in JK Technosoft Ltd.
Kanpur-based company Jaykay Enterprises Limited (JKE) has announced its financial results for the third quarter of FY 2024-25. The company has reported a significant increase in production capacity due to its ongoing expansion projects at plants in Hyderabad and Bangalore. In addition, JKE has acquired additional land in the UP Defence Corridor near Lucknow to cater to the growing defence sector. The company's subsidiary, JK Digital & Advanced Systems, is set to commence trial production of implants in Vapi by the end of March 2025 and plans to add a second machine for increased production capabilities. Furthermore, JKE has recently acquired a controlling stake in JK Technosoft Ltd. (JKTECH), a company specializing in IT services and digital solutions. This acquisition aims to further strengthen JKE's position in the market and expand its capabilities in areas such as Artificial Intelligence and Digital Transformation.
Jaykay Enterprises Ltd engages in various business activities, including manufacturing and supplying products across multiple sectors.
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FAQs
Jaykay Enterprises Ltd has a market cap of 1764.56 crores
Jaykay Enterprises Ltd has a pe of 251.36
Jaykay Enterprises Ltd has a profit growth of -26.5%
Jaykay Enterprises Ltd has returns of 65.76%
Jaykay Enterprises Ltd has a roce of 3.38%
Jaykay Enterprises Ltd has a sales growth of 96.06%
Jaykay Enterprises Ltd has a debt-equity ratio of 0.08