India, Aug. 1 -- Jyoti CNC Automation Ltd is one of the top players in the Indian market of computer numerical control (CNC) machines, which manufactures more than 200 models of machines across 44 products. The company was founded back in 1989 and has installed more than 1.4 lakh machines in many parts of the world.

Its manufacturing operations are done in India, Rajkot and Strasbourg, France, with a manufacturing capacity of 6,000 machines per year. With a diversified customer base including aerospace, defence, automobiles, electronics, EMS and general engineering, the company has a backlog of orders worth Rs 4,732 crore in hand, making it an important player in the precision engineering industry.

With a market cap of Rs 18,400 crore...