{"id":105439,"date":"2023-07-20T13:37:19","date_gmt":"2023-07-20T08:07:19","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=105439"},"modified":"2023-07-20T13:37:22","modified_gmt":"2023-07-20T08:07:22","slug":"ashish-kacholia-stock-jumps-up-to-7-after-it-received-order-form-gail-worth-235-50-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-up-to-7-after-it-received-order-form-gail-worth-235-50-cr\/","title":{"rendered":"Ashish Kacholia stock jumps up to 7% after it received order from GAIL worth \u20b9 235.50 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2199754211\"><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>Shares of pipeline infrastructure service provider rose 7 % to Rs 291.65 rupees\u00a0after receiving an order worth Rs 235.50 crore from GAIL.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1175337095\"><!-- 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><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/LIKHITHA\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Likhitha Infrastructure Ltd<\/a><\/strong> shares were trading at Rs 295.60 a share on the NSE at 12:45 p.m., up 16.30 Rs or 5.86 percent, with a market capitalization of Rs 1,165 crores.<\/p><p>As per Company\u2019s BSE filing, Company received an order worth Rs.235.50 Crores from GAIL(India) for Pipeline laying and composite works for Phase-2, (Salem to Coimbatore Pipeline section of KKBMPL -II Project),which is expected to be completed in 15 months.<\/p><p>Ace investor Ashish kacholia\u00a0holds 7,94,000 shares in the firm as of the June 2023-24 quarter, equivalent to 2.01\u00a0 percent.<\/p><div class=\"trade-content_5\" id=\"trade-503280206\"><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>Likhitha Infrastructure Ltd is in the business of laying oil and gas pipelines as well as offering full erection, testing, and commissioning of oil and gas pipelines and City Gas Operation and Maintenance (O &amp; M) Services.<\/p><p>Likhitha Infrastructure share increased from Rs 146.93 to Rs298, yielding multibagger returns of 103 percent. As a result, if an investor bought 1 lakh shares of the company in the previous year, their holdings are now worth 2.03 lakhs!\u00a0<\/p><p>Company\u2019s revenue climbed by 36 percent year on year, rising from Rs 257 crore in FY 21-22 to Rs 350&nbsp; crore in FY 22-23. Within the same time period, net profit increased by 33 percent, from Rs 45 crore to Rs 60 crore.&nbsp;<\/p><p>As per shareholding pattern,The promoters owns 70.03 percent of the firm and retail investors own 29.72 percent,<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/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-1615835503\"><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>Shares of pipeline infrastructure service provider rose 7 % to Rs 291.65 rupees\u00a0after receiving an order worth Rs 235.50 crore from GAIL. Likhitha Infrastructure Ltd shares were trading at Rs 295.60 a share on the NSE at 12:45 p.m., up 16.30 Rs or 5.86 percent, with a market capitalization of Rs 1,165 crores. As per [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":105441,"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":[5030,4393,5031,10116,9082,9081,948,936],"class_list":["post-105439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-ashish-kacholia-multibagger-stock","tag-ashish-kacholia-portfolio-stock","tag-ashish-kacholia-stocks","tag-likhitha-infrastructure-latest-order","tag-likhitha-infrastructure-returns","tag-likhitha-infrastructure-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ashish Kacholia stock jumps up to 7% after it received order from GAIL worth \u20b9 235.50 Cr - 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