Tech Enhanced Investing

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.

Garuda Construction and Engineering made its debut on the BSE at Rs 103.20, marking an 8.63% increase, or a rise of 8.2 points, from its issue price of Rs 95.00.

The stock is currently trading at Rs 103.80, reflecting a gain of 9.26% or 8.8 points above the issue price.

The share has reached a high of Rs 109.78 and a low of Rs 100.30 during the trading session, with 14.48 lakh shares being exchanged.

The IPO, open for subscription from October 08 to October 10, 2024, was oversubscribed 7.55 times. The issue price was set at Rs 95.00 per share, at the higher end of the price band of Rs 92-95 per share.

Garuda Construction and Engineering, based in Mumbai, is a civil construction company offering end-to-end solutions for residential, commercial, infrastructure, and industrial projects.

J Kumar Infraprojects saw its stock rise to Rs. 746.00, gaining 7.50 points or 1.02% from its previous close of Rs. 738.50 on the BSE.

The stock opened at Rs. 755.00, hitting a high of Rs. 760.15 and a low of Rs. 741.65 during the trading session. A total of 8,222 shares have been exchanged so far.

The company's stock, listed in the BSE 'A' group with a face value of Rs. 5, had a 52-week high of Rs. 935.50 on July 3, 2024, and a 52-week low of Rs. 394.05 on October 26, 2023.

In the last week, the stock's highest and lowest levels were Rs. 760.15 and Rs. 727.60 respectively. The company's market capitalization currently stands at Rs. 5,639.73 crore.

Promoters hold 46.65% of the company, while institutional investors and non-institutional investors hold 26.57% and 26.78%, respectively.

J Kumar Infraprojects has won a contract from Pune Municipal Corporation for the development of the Mula river, covering the Wakad bypass to Sangvi bridge sections. The total project value is Rs. 297.83 crore, excluding GST and royalty, and is expected to be completed in 36 months.

Previously, the company received a Letter of Acceptance for the design and construction of an elevated road in Thane city from Anand Nagar to Saket on the Eastern Express Highway from the Mumbai Metropolitan Region Development Authority.

J Kumar Infraprojects specializes in construction, designing and building roads, bridges, flyovers, subways, and more.

CESC shares are currently trading at Rs. 189.65, reflecting an increase of 2.25 points or 1.20% from the previous close of Rs. 187.40 on the BSE.

The stock opened at Rs. 189.80, reaching a high of Rs. 190.70 and a low of Rs. 188.00 during the day. A total of 50,477 shares have been traded so far.

CESC, categorized under BSE group 'A' with a face value of Rs. 1, hit a 52-week high of Rs. 212.70 on September 26, 2024, and a 52-week low of Rs. 82.45 on October 26, 2023.

Over the last week, the stock saw a high of Rs. 193.75 and a low of Rs. 179.35. The company's market capitalization stands at Rs. 25,126.19 crore.

Promoters hold 52.11% of the company's shares, while institutional investors own 36.20% and non-institutional investors control 11.69%.

CESC's subsidiary, Purvah Green Power (PGPPL), has signed a Share Purchase Agreement to acquire 100% of Deshraj Solar Energy, aiming to expand its renewable energy portfolio. After the acquisition, Deshraj Solar Energy, which is developing a 300 MW solar PV power plant in India, will become a step-down subsidiary of CESC.

CESC operates as a fully integrated power utility, involved in coal mining, power generation, and distribution, mainly in West Bengal.

Honeywell Automation India is trading at Rs. 50,238.95, marking a rise of 292.65 points or 0.59% from its previous close of Rs. 49,946.30 on the BSE.

The stock opened at Rs. 50,429.95, hitting an intraday high of Rs. 50,687.15 and a low of Rs. 49,769.90, with 86 shares traded so far.

This BSE group 'A' stock, with a face value of Rs. 10, reached a 52-week high of Rs. 59,700.00 on June 26, 2024, and a 52-week low of Rs. 34,990.00 on December 21, 2023.

In the last week, the stock's high and low stood at Rs. 50,687.15 and Rs. 48,400.40, respectively. The company's current market capitalization is Rs. 44,004.17 crore.

Promoters hold a 75% stake in the company, with institutional investors and non-institutional investors holding 15.12% and 9.87%, respectively.

Honeywell Automation India recently won a contract to install its Airfield Ground Lighting (AGL) system at Noida International Airport. The system will provide vital visual aids to enhance aircraft safety and operational efficiency, particularly in challenging weather conditions.

Honeywell’s advanced AGL system features intelligent lighting technology that streamlines ground movement for pilots and enhances situational awareness through automatic lighting control, integrating with aircraft surveillance and tracking systems.

Honeywell Automation India (HAIL) is known for its expertise in integrated automation, process, and building solutions.

Exide Industries' stock is currently trading at Rs. 518.05, reflecting an increase of 6.10 points or 1.19% from its previous close of Rs. 511.95 on the BSE.

The stock opened at Rs. 515.00, reaching a high of Rs. 520.50 and a low of Rs. 510.15. A total of 48,000 shares have been traded so far.

The BSE 'A' group stock, with a face value of Rs. 1, hit its 52-week high of Rs. 620.00 on June 25, 2024, and a low of Rs. 241.60 on October 26, 2023. Over the last week, the stock's high and low were Rs. 528.45 and Rs. 474.00, respectively. The company's current market capitalization stands at Rs. 43,515.75 crore.

Exide Industries' promoters hold 45.99% of the company, while institutions and non-institutions hold 31.61% and 22.40%, respectively.

Exide Industries has invested Rs. 99.99 crore in its wholly owned subsidiary, Exide Energy Solutions (EESL), by subscribing to equity shares on a rights basis. This brings the total investment in EESL to Rs. 2,852.24 crore, with no change in Exide’s 100% ownership in EESL.

EESL is developing a new plant in Bengaluru for manufacturing lithium-ion battery cells, modules, and packs. The equity investment is aimed at funding this greenfield project and fulfilling other financial needs.

Exide Industries, founded in January 1947 as Associated Battery Makers, initially acquired assets from the Chloride Electric Storage Company for manufacturing, buying, and selling electrical and chemical products.

Mazagon Dock Shipbuilders is trading at Rs. 4443.95, a rise of 12.85 points or 0.29% from its last close of Rs. 4431.10 on the BSE.

The stock opened at Rs. 4460.00, reaching a high of Rs. 4483.60 and a low of Rs. 4350.00. A total of 72,605 shares have been traded so far.

This BSE 'A' category stock, with a face value of Rs. 10, hit a 52-week high of Rs. 5859.95 on July 5, 2024, and a 52-week low of Rs. 1742.00 on October 26, 2023.

In the past week, the stock's high and low stood at Rs. 4510.00 and Rs. 3851.70, respectively. The company's current market capitalization is Rs. 89,768.19 crore.

Promoters hold 84.83% of the company’s shares, while institutions hold 3.27%, and non-institutional investors hold 11.90%.

Mazagon Dock Shipbuilders has received a Purchase Order from Maharashtra State Power Generation Company (MAHAGENCO) for the supply, installation, and commissioning of an AI-based Comprehensive Infrasecure Project at GTPS-Uran and KGSC-Pophali. The total value of the order is Rs. 121.67 crore, inclusive of all taxes and duties.

Mazagon Dock Shipbuilders is a leading defence shipyard in India under the Ministry of Defence.

Oriental Rail Infrastructure's stock hit its upper circuit at Rs. 284.75, marking a 5% increase (13.55 points) from its previous close of Rs. 271.20 on the BSE.

The stock opened at Rs. 280.00 and fluctuated between a high of Rs. 284.75 and a low of Rs. 279.95, with a total of 42,504 shares traded. This 'T' group stock, with a face value of Rs. 1, reached a 52-week high of Rs. 445.00 on July 19, 2024, and a low of Rs. 103.94 on October 12, 2023. Over the past week, the stock ranged between Rs. 284.75 and Rs. 248.00. Currently, the company holds a market capitalization of Rs. 1,750.05 crore.

The promoters have a 54.81% stake in the company, while institutions and non-institutions hold 0.33% and 44.87%, respectively.

The company has secured an order valued at Rs. 1.58 crore from North Eastern Railways, Gorakhpur, for manufacturing and supplying vinyl-coated upholstery fabric for AC and Non-AC coaches. The total material supplied will be 13653 meters for AC coaches and 90316 meters for Non-AC coaches. The payment will be made in full after the receipt, inspection, and acceptance of the material, with the order expected to be completed by May 30, 2025.

Oriental Rail Infrastructure specializes in producing and distributing wood-based decorative products.

Lloyds Engineering Works saw a rise in its stock price, currently trading at Rs. 80.50, up by 0.42 points or 0.52% from its previous close of Rs. 80.08 on the BSE.

The stock opened at Rs. 80.06 and has fluctuated between a high of Rs. 81.39 and a low of Rs. 78.74. So far, 218,137 shares have changed hands.

This BSE 'A' group stock, with a face value of Rs. 1, reached its 52-week high of Rs. 93.49 on July 30, 2024, and a 52-week low of Rs. 40.24 on October 26, 2023. In the last week, the stock has seen a high of Rs. 81.67 and a low of Rs. 70.61. The company's current market capitalization stands at Rs. 9,197.10 crore.

The promoters hold 57.25% of the company, while Institutions own 2.26%, and Non-Institutions hold 40.49%.

The company has received approval from its Board of Directors to acquire the assets of Bhilai Engineering Corporation's Engineering Division. This acquisition aims to expand the business operations to new locations and is expected to be completed in 105 days.

Bhilai Engineering's division specializes in heavy engineering, manufacturing, and assembly testing, catering to sectors like defense, railways, nuclear, mining, and metallurgy. Lloyds' Board of Directors gave their approval during a meeting on October 10, 2024.

Lloyds Engineering Works, previously known as Lloyds Steels Industries, is a leading designer and manufacturer of heavy equipment and systems for the hydrocarbon, oil & gas, steel, power, and nuclear industries, also involved in turnkey projects.

Ahasolar Technologies' stock is trading at Rs. 356.05, marking an increase of 6.05 points or 1.73% from its previous close of Rs. 350.00 on the BSE.

The stock opened at Rs. 367.50, hitting a high and low of Rs. 367.50 and Rs. 356.05, respectively. A total of 7,600 shares have been traded so far.

With a face value of Rs. 10, the stock has seen a 52-week high of Rs. 657.75 on March 5, 2024, and a 52-week low of Rs. 207.00 on December 6, 2023. Over the past week, the stock has fluctuated between a high of Rs. 367.50 and a low of Rs. 332.00. The company's market capitalization stands at Rs. 110.36 crore.

Promoters hold a 36.95% stake in the company, while 63.05% is owned by non-institutional investors.

Ahasolar Technologies has secured a major contract to develop a digital ecosystem for the Government of India's "PM Surya Ghar: Muft Bijli Yojana," the world's largest rooftop solar initiative. The contract, to be completed by March 2025, is part of a project to solarize one crore homes across India, led by the Ministry of New and Renewable Energy's designated agency, REC.

The company will create a comprehensive digital platform to streamline the solar installation process for residential users, integrating state DISCOM portals for net metering, load approvals, and inspections. The platform will also support a broad range of stakeholders, including vendors, service providers, and financial intermediaries, and manage subsidies efficiently at the national level.

Ahasolar Technologies focuses on CleanTech, driving the energy transition through digital solutions, helping stakeholders embrace renewable energy.