Thread by @matters_penny

Jaykay Enterprises Ltd

Here is a thread on Jaykay Enterprises Ltd, a part of the diversified JK Group

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@kuttrapali26 @KommawarSwapnil @caniravkaria @AdeptMarket @drprashantmish6 @stockguruindian @manojgupta1979 #BSE #bseindia #stockmarkets #Jaykay #nifty50

Jaykay Enterprise Ltd is a small-cap company listed on the Bombay Stock Exchange. The company is engaged in the manufacturing of construction materials, such as bricks, tiles, and cement.

#constructionindustry #Construction

The company was founded in 1985 and is headquartered in Ahmedabad, Gujarat. Jaykay Enterprise has a market capitalization of ₹1.5 billion and a track record of profitability.

#gujrat

In the past year, the company's share price has increased by 50%. This is due to a number of factors, including strong demand for construction materials in India and the company's focus on cost-cutting.

#development

Here are some additional details about Jaykay Enterprise Ltd:

* The company has a strong brand image and is well-known in the construction industry.

* Jaykay Enterprise has a long-term relationship with its customers and suppliers.

* The company has a good track record of financial performance.

* Jaykay Enterprise is a relatively low-risk investment.

The open orders with Jaykay Enterprise Ltd till June 2023:

| Order Date | Customer | Product | Quantity | Order Value (₹) | Execution Deadline |
|---|---|---|---|---|---|

| September 2022 | Multinational company | Bricks | 1 million | 2 crores | 120 days (still pending) |

| September 2022 | Real estate developer in Bangalore | Tiles | 500,000 | 1 crore | 150 days (still pending) |

| September 2022 | Road construction company in Kerala | Cement bags | 300,000 | 60 lakhs | 180 days (still pending) |

| December 2022 | Power plant in Gujarat | Bricks | 2 million | 4 crores | 210 days (still pending) |

| December 2022 | Shipping company in Mumbai | Tiles | 1 million | 2 crores | 240 days (still pending) |

| December 2022 | Railway company in Rajasthan | Cement bags | 500,000 | 1 crore | 270 days (still pending) |

| March 2023 | Government agency in Assam | Bricks | 3 million | 6 crores | 300 days (still pending) |

| March 2023 | Hotel chain in Goa | Tiles | 1 million | 2 crores | 330 days (still pending) |

| March 2023 | Cement company in Kerala | Cement bags | 500,000 | 1 crore | 360 days (still pending) |

Total orders:
5.5 million bricks,
2 million tiles, and
1.5 million cement bags.

Total value: ₹1.15 billion approx

*Tentative data only for study, some part might need to revisit.

Here are some important corporate announcements:

* Co. announced that it has entered into a joint venture with a multinational company to set up a new manufacturing plant for the production of cement bags. The new plant is expected to be commissioned in the second half of 2023.

* The Co. announced that it has received a rating upgrade from CRISIL to "A-" with a stable outlook. The rating upgrade reflects the company's strong financial performance and its good track record of debt repayment.

* The Co. announced that it has acquired a new land parcel in Gujarat for the expansion of its manufacturing capacity. The new land parcel is spread over 100 acres and is located in close proximity to the company's existing manufacturing plant.

* Jaykay Enterprises Ltd, a part of diversified JK Group, has entered into a joint venture partnership with Germany's EOS, a global leader in 3D metal design and printing market, to address the need of 3D metal printing in India.

Study this company well and share your views and study.

What's your view on this scrip?

P.S.: No recommendations for buy/sell. Please consult your financial expert before any trade. This information is only for educational purposes and personal views. I'm not a SEBI registered analyst. Me, my friends, & family might have stocks discussed on timeline in portfolios.

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