An Indian micro-cap stock specialized in the business of infrastructure and heavy equipment lease rental has moved up by 9 percent from the day’s low after it bagged an order worth Rs. 2.5 crores from Lanser and Toubro
Price movement:
With a market capitalization of Rs.233.04 crores, at 3 p.m., the shares of Trishakti Industries Limited are trading up by close to a 9 percent high of Rs.139.80 from its day’s low of Rs.128.45.
What’s the News:
Trishakti Industries Limited has secured an order worth Rs. 2.5 crores from Larsen & Toubro Limited this Order is for advanced earth-moving heavy equipment for L&T’s Ongoing Metro Project. The order is to be executed with immediate effect. The duration of the contract is 2 months.
Management comments:
After Receiving the contract the management said: “This award is a testament to our commitment to providing high-capacity equipment for large-scale projects and further strengthens our position in the infrastructure sector. We anticipate that this contract will have a positive impact on the Company’s financial performance in the forthcoming quarters”.
About the company:
Trishakti Industries Ltd., established in 1985, is a premier infrastructure solutions provider in India, specializing in hiring heavy earth-moving equipment. With a diverse fleet of advanced machinery, large-scale projects are supported across sectors such as steel, cement, railways, construction, etc. Has successfully partnered with companies such as Tata Steel, Larsen and Toubro, RVNL, ONGC, ITD Cementation, Jindal Group, Adani Group, and many others to supply heavy equipment.
Financials:
Its revenue from operations has reduced by 92.2 percent from Rs. 23.36 crores in the Q3 of FY 24 to Rs.1.81 crores in Q3 of FY25 but the profit of the company has surged up by 42.4 percent from Rs.0.2 crores in the Q3 of FY 24 to Rs.0.13 crores in Q3 of FY25.
Written by -likesh babu s
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