Jainik Power Cables Ltd (JAINIK) is currently trading at 178.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Jainik Power Cables Limited manufactures aluminium wire rods and related aluminium metal products from its Sonipat, Haryana facility, having transitioned from trading aluminium scrap and ingots into in-house production since 2023, led by promoters Mr. Shashank Jain and Mr. Prateek Jain, and the facility holds ISO 9001:2015, ISO 45001:2018 and ISO 14001:2015 certifications. The company listed on NSE Emerge in June 2025 via an IPO of 46,63,200 equity shares raising ₹51.2952 lakhs; in H1 FY26 it reported total income of ₹1,849.44 lakhs and reported PAT of ₹616.94 lakhs, representing meaningful year-over-year revenue and profit expansion compared with the prior period. IPO proceeds have been largely deployed to working capital (₹2,350.00 lakhs fully utilised) and public issue expenses, while ₹1,216.72 lakhs remained un-utilized at quarter end; the firm recorded an operating cash outflow of ₹3,648.92 lakhs in H1 FY26 covered by financing inflows from the IPO, signalling reliance on raised capital to fund the working capital cycle. Trade receivables surged materially to ₹6,182.36 lakhs as at 30 September 2025 and inventories remain sizeable at ₹1,958.26 lakhs, indicating both rising sales volumes and a stretched receivables position; management has earmarked remaining IPO funds for planned capex and loan repayment to support scale-up and balance sheet strengthening.

Over the past 52 weeks, Jainik Power Cables Ltd has traded between a low of ₹102.25 and a high of ₹221.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Jainik Power Cables Ltd has a market capitalization of approximately 256.82. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Jainik Power Cables Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 18.32 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 256.82 Cr, Jainik Power Cables Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Jainik Power Cables Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Jainik Power Cables Ltd is 18.32. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

The IPO size was ₹51.30 crore, consisting of a fresh issue of up to 46,63,200 equity shares.