Stock Crash Today: Jyoti CNC shares fell 16% as France probes material subsidiary – Markets

Stock Crash Today: Jyoti CNC shares fell 16% as France probes material subsidiary - Markets


1. seizure of certain bank accounts ~EUR 4.0 million and two residential properties owned by Jyoti SAS

2. The director general has been temporarily restricted from discharging any duties

France subsidiary (Huron Graffenstaden SAS) background-

Co serves as a critical European hub for advanced manufacturing

specializes in high-precision 5-axis CNC machines for industries like aerospace, automotive, and defense

Huron inaugurated an expanded facility in France, 2x its production capacity to meet growing global demand.



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