{"id":104352,"date":"2023-06-21T15:25:00","date_gmt":"2023-06-21T09:55:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=104352"},"modified":"2023-06-21T15:06:56","modified_gmt":"2023-06-21T09:36:56","slug":"penny-stock-jumps-8-after-it-received-an-order-to-construct-railway-over-bridge-in-mp","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stock-jumps-8-after-it-received-an-order-to-construct-railway-over-bridge-in-mp\/","title":{"rendered":"Penny stock jumps 8% after it received an order to construct Railway Over Bridge in MP"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1881342124\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>With a market capitalization of Rs 170 crore, The shares of Madhav Infra Projects Ltd gained 8 percent on Wednesday&#8217;s early trade, After the company received a contract to construct a railway over a bridge.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2079099055\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>According to the exchange filing, In the state of Madhya Pradesh, the company obtained an order for the construction of a Railway Over Bridge in lieu. For a total order value of Rs. 37 crores. <\/p><p>At 12:10 pm, the stock was quoting at Rs 6.27, up 4.50 percent, and reached an intraday high of Rs 6.48 in the first half session. In the last month stock has gained 49.29 percent ranging from Rs 4.22 to the current price, meanwhile stock gained 56 percent in one year.<\/p><p><a href=\"https:\/\/portal.tradebrains.in\/stock\/539894\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Madhav Infra Project Private Limited<\/strong><\/a> was incorporated in 2010, Company operates in the fields of Energy, Highways, Urban Infrastructure, Real Estate industries, and Civil construction contracts.<\/p><div class=\"trade-content_5\" id=\"trade-2758844876\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>As per financials, Operating revenue increased from Rs 138 crore in Q3 to Rs 204 crore in Q4. Similarly, net profit increased from Rs 4 crore to Rs 7 crore.\u00a0Revenue climbed 11 percent year on year, from Rs 460 crore in FY 21-22 to Rs 512 crore in FY 22-23. During the same time period, the Net Profit improved by 500 percent, from Rs 6 crore to Rs 36 crore.\u00a0<\/p><p>The profitability ratios grew for FY23, with ROE at 21.68 percent and ROCE at 22.12 percent. The operating margin increased to 14.28 percent, while the net profit margin was 7.13 percent.<\/p><p>The company is categorised as a penny stock. We advise individual investors to undertake enough research before investing since stocks come with a substantial amount of risk to individual investors and high-return penny stocks have varying performance, are infrequently traded, and even just a small amount of trades may trigger a circuit limit.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar C<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\">Disclaimer<\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1163975859\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>With a market capitalization of Rs 170 crore, The shares of Madhav Infra Projects Ltd gained 8 percent on Wednesday&#8217;s early trade, After the company received a contract to construct a railway over a bridge. According to the exchange filing, In the state of Madhya Pradesh, the company obtained an order for the construction of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[6165,7623,6164,6163,3554,5516,5532,6731,6137,5533,5410,6749,6751,6750,2931],"class_list":["post-104352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-construction-sector","tag-construction-stock","tag-construction-stocks-to-buy","tag-construction-stocks-to-watch","tag-penny-stocks","tag-penny-stocks-2023","tag-penny-stocks-to-buy","tag-penny-stocks-to-buy-in-2023","tag-penny-stocks-to-buy-now","tag-penny-stocks-to-watch","tag-real-estate-stock","tag-real-estate-stocks","tag-real-estate-stocks-to-buy","tag-real-estate-stocks-to-buy-now","tag-realty-stocks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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