Shares of Jyoti CNC Automation fell as much as 3.7 per cent to ₹1,025 on the National Stock Exchange (NSE) in intraday trade on Monday, 28 September 2026, after a fire broke out at the company’s manufacturing facility in Metoda, Rajkot, over the weekend. The company said the blaze was brought under control within 30 to 60 minutes and that operations have since resumed.
Monday was the first trading session after the fire, which occurred on Saturday, 26 September. No casualties or injuries were reported in the incident.
What Happened at the Rajkot Facility
The fire broke out in the assembling unit at Jyoti CNC’s factory in Metoda GIDC, a major industrial area in Rajkot district, during the morning hours on Saturday. Thick black smoke was visible from the premises, causing alarm among employees and nearby units, and the local fire brigade was alerted and responded to the site.
Jyoti CNC said in its statement that the situation was brought under control within 30 to 60 minutes of the fire breaking out, and that no casualties or injuries occurred. The company added that operations at the facility have since resumed.
Local Gujarati media reported that the fire triggered visible panic among employees and workers at nearby units in the Metoda GIDC industrial estate as thick black smoke rose from the premises, drawing local fire brigade teams to the site before the blaze was brought under control.
| Parameter | Details |
|---|---|
| Date of Fire | Saturday, 26 September 2026 |
| Location | Metoda GIDC, Rajkot, Gujarat |
| Unit Affected | Assembling unit |
| Time to Contain | 30 to 60 minutes |
| Casualties or Injuries | None reported |
| Operational Status | Resumed |
| Stock Reaction (Monday, NSE) | Fell as much as 3.7% to ₹1,025 |
How the Stock Reacted on Monday
Monday, 28 September, was the first trading session since the fire, and investors turned bearish on the stock in early deals. Jyoti CNC shares fell as much as 3.7 per cent to touch ₹1,025 on the NSE in intraday trade, before the broader tone of the session continued to weigh on sentiment.
The reaction reflects investor caution around potential disruption to the company’s manufacturing operations, even though Jyoti CNC has stated that the fire was contained quickly and that operations have resumed. The stock’s fall came against a backdrop of broader market weakness on Monday, with the Sensex and Nifty both trading lower during the session.
- The fire broke out on Saturday, 26 September, in the assembling unit at Rajkot.
- Jyoti CNC says the fire was contained within 30 to 60 minutes with no casualties.
- Operations at the facility have resumed, according to the company.
- The stock fell as much as 3.7% in Monday’s session, its first trading day after the incident.
What Jyoti CNC Does
Jyoti CNC Automation is a manufacturer of simultaneous 5-axis CNC machines and a range of computer numerical control machine tools, serving sectors including aerospace, defence, automotive and general engineering. The company’s manufacturing base is centred in Rajkot, Gujarat, where it has operated since its founding.
The Metoda GIDC facility affected by the fire is part of the company’s broader manufacturing footprint in the region, which includes multiple production units supporting its CNC machine and component output. Jyoti CNC holds roughly a 10 per cent share of India’s CNC machine manufacturing market and employs about 2,700 people.
For the quarter ended 30 June 2026 (Q1 FY27), the company reported consolidated revenue of ₹508.5 crore and consolidated profit after tax of ₹57.1 crore, with its French subsidiary facing interim restrictions during the period. The fire comes just ahead of Jyoti CNC’s annual general meeting, scheduled for Wednesday, 30 September 2026, at the company’s Lodhika GIDC premises in Rajkot district, where shareholders may seek an update on the incident.
What Investors Should Watch Next
Jyoti CNC has not disclosed a specific financial or production impact from the fire beyond confirming that operations have resumed. Investors and analysts will likely look for further detail in the company’s upcoming disclosures on whether the incident caused any measurable disruption to output or delivery timelines.
- Any formal exchange filing detailing the cause and extent of the fire damage
- Whether the incident affects near-term production or delivery schedules
- Commentary on the incident, if any, in the company’s next quarterly results
- How the stock recovers in subsequent sessions once the immediate reaction settles
Shareholders holding Jyoti CNC in a demat and trading account can watch for a formal exchange filing on the incident, since the company’s public statement so far has been limited to confirming containment and resumption of operations. Investors tracking the stock through an online trading platform may also want to separate Monday’s fire-related reaction from the broader market weakness that affected most stocks during the session.
Disclaimer: This article is based on company statements and media reports on the incident. It is for informational purposes only and does not constitute investment advice.
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