S.J.S. Enterprises Hits 52-Week High on MoU with BOE Varitronix

Shares of S.J.S. Enterprises Limited rose 3.04% in early trading on September 17, 2025, hitting a fresh 52-week high of ₹1,508.90. The surge followed the company’s announcement of a strategic Memorandum of Understanding (MoU) with Hong Kong-listed BOE Varitronix Limited (BOEVX), a global leader in automotive display solutions.

S.J.S. Enterprises, listed since November 2021, is a leading Indian auto component maker specialising in decorative and aesthetic products for two-wheelers and passenger cars. This collaboration represents a significant diversification for the company into next-generation automotive display technologies.

Strategic Collaboration

The MoU paves the way for BOEVX to transfer advanced display technology to S.J.S. Enterprises, focusing on optical bonding and assembly of automotive display screens in India.

Key elements of the collaboration include:

• Localising cover glass and backlight units for the four-wheeler segment
• Supporting India’s move towards self-reliance by reducing import dependency
• Enabling feasibility studies that could lead to a Technical Assistance Agreement (TAA) or a Joint Venture

The MoU has a six-month validity with mutual exclusivity, ensuring both parties have a defined framework to explore long-term arrangements.

Key Highlights of the Agreement

• Technology transfer: BOEVX to provide expertise in optical bonding and display assembly.
• Localisation: Focus on developing supply chains in India to serve both domestic and global OEMs.
• No shareholding commitments: The agreement has no equity dilution or related-party structure.
• Exclusivity period: Six months to negotiate terms for deeper collaboration.

This partnership aligns with the automotive industry’s growing focus on digital and connected vehicle interiors, positioning S.J.S. Enterprises as a player in advanced display solutions.

S.J.S. Enterprises Share Price Performance

On September 17, 2025, S.J.S. Enterprises share price opened at ₹1,500.00, compared to the previous close of ₹1,439.00. During the session, the stock touched a high of ₹1,508.90 and a low of ₹1,457.00 before trading at ₹1,462.70, up by 1.64% as of 1:06 pm.

The stock recorded a traded volume of 3.47 lakh shares and a traded value of ₹51.20 crore on the NSE. The company’s market capitalisation stood at ₹4,573.77 crore. Over the past 52 weeks, S.J.S. Enterprises has hit a high of ₹1,508.90 and a low of ₹808.15. The stock is currently trading at a P/E ratio of 36.07.

Read More: PM Modi Hails Auto Industry as Leader of Make-in-India Initiative

Conclusion

The MoU with BOE Varitronix marks an important strategic step for S.J.S. Enterprises, signalling its entry into high-growth automotive display technologies. With localisation, technology transfer, and potential for long-term collaboration, the company is positioning itself to meet evolving demand from both Indian and global OEMs.

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