Smart Money Alert

Jainik Power

IncreasedSAST

JAINIKAluminiumMarket Cap₹208 Cr

Stake

3.93% → 4.72%

Deal value

₹2.38 Cr

1.13 L

Trade date

7 Sept 2026

Since alert−13.8%₹204.00 → ₹175.80

Nifty 50+1.2%

Ms. Kanika Jain

Promoter

The move

Promoter Kanika Jain acquired 1,12,800 shares of Jainik Power through a preferential allotment, increasing her stake from 3.93% to 4.72%.

About Jainik Power

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A manufacturer and supplier of aluminium rods, Jainik Power and Cables Limited serves customers across India's electrical and industrial sectors. Incorporated in 2011, the company specializes in producing high-quality aluminium conductors for power transmission and distribution applications. Its core operations focus on delivering reliable aluminium rod products to meet diverse industrial and commercial requirements across multiple end-user segments.

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More moves in Jainik Power

Ms. Shivangi JainIncreased

Ms. Shivangi Jain acquired 6,13,200 shares of Jainik Power through a preferential allotment, raising her stake from 4.96% to 9.23%.

7 Sept 2026