Shares of Jaykay Enterprises Ltd. surged over 7% on Monday to touch an all-time high of ₹231, following the announcement that its step-down subsidiary, Allen Reinforced Plastics, has bagged an order worth Rs 6.74 crore from Bharat Dynamics Ltd. The order is for the manufacturing of advanced launcher tubes, further cementing Jaykay’s position in the defence manufacturing space.

Jaykay Enterprises, part of the JK Group, is a premier provider of advanced defence, aerospace, space-tech, and med-tech components. The company’s capabilities span additive manufacturing, prototyping, CNC machining, and composite engineering, making it a key player in high-tech engineering solutions for critical sectors.

The strong order win comes on the back of robust financial performance. The company’s consolidated net profit surged to Rs 20.22 crore in Q1 FY26, a sharp rise from Rs 4.56 crore in Q1 FY25. Sales also jumped to Rs 55.45 crore in June 2025 quarter, against Rs 17.14 crore in the year-ago period, showcasing its growing market strength.

With the new contract and consistent earnings growth, Jaykay Enterprises has reinforced its standing as a significant defence technology partner, driving investor confidence and pushing its market cap beyond Rs 30,000 crore.