{"id":108502,"date":"2023-08-30T14:43:00","date_gmt":"2023-08-30T09:13:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=108502"},"modified":"2023-08-30T14:43:02","modified_gmt":"2023-08-30T09:13:02","slug":"micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/","title":{"rendered":"Micro Cap stock jumped 8% after receiving LoA from Government of India"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3168439150\"><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>Share prices of this IT stock gained 8% in Wednesday&#8217;s trading session. The prices surged after the company received an LoA from the Ministry of Electricity and Information Technology, Government of India.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1329292465\"><!-- 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>The shares of <a href=\"https:\/\/portal.tradebrains.in\/stock\/TRIGYN\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Trigyn Limited<\/strong><\/a> opened at Rs. 122.9 per piece to reach its intra- day high of Rs. 131.5 at an upside of 8%. The stock has returned 18.25% in the last six months. In three years, it has given a total return of 121.39%. The company has a market capitalization of Rs. 374.51 crore.<\/p><p>On 29 August 2023, the company received a letter of award (LoA) from Digital India Corporation which comes under the Ministry of Electricity and Information Technology, Government of India. The company has been awarded a domestic level contract for the next three years up to 23 August 2026 for providing Technical Manpower for Lok OS Project. This contract is subject to further extension based on performance. The project value stands at Rs. 35 crore for the next three years and Rs. 65 crore for the next five years (if extended).<\/p><p>As per its financial results, the company\u2019s total revenue reduced 0.48 % to Rs. 322.5 crore in Q1FY24 from Rs. 324.04 crore in Q4FY23. Its net revenue is an increase of 366.8% from Rs. 2.59 crore in Q4FY23 to Rs. 12.09 crore in the recent June quarter.<\/p><div class=\"trade-content_5\" id=\"trade-906687878\"><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>Trigyn Technologies Limited is a global IT firm with its roots in Asia, Europe, North America and Africa. Established in 1986, Trigyn has a strong client base of fortune 500 companies.&nbsp;<\/p><p>The company offers various services such as Smart Solutions, Smart Utilities, Surveillance and Security, and many more.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Bhumika Khandelwal<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/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-1445450658\"><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>Share prices of this IT stock gained 8% in Wednesday&#8217;s trading session. The prices surged after the company received an LoA from the Ministry of Electricity and Information Technology, Government of India. The shares of Trigyn Limited opened at Rs. 122.9 per piece to reach its intra- day high of Rs. 131.5 at an upside [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":12638,"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":[11540,5431,11541],"class_list":["post-108502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-micro-cap-stock","tag-microcap-stock","tag-trigyn-limited"],"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>Micro Cap stock jumped 8% after receiving LoA from Government of India - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Share prices of this IT stock gained 8% in Wednesday&#039;s trading session. The prices surged after the company received an LoA from the Ministry of Electricity and Information Technology, Government of India.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Micro Cap stock jumped 8% after receiving LoA from Government of India\" \/>\n<meta property=\"og:description\" content=\"Share prices of this IT stock gained 8% in Wednesday&#039;s trading session. The prices surged after the company received an LoA from the Ministry of Electricity and Information Technology, Government of India.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-30T09:13:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-30T09:13:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/power-consumption.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/power-consumption.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/\",\"url\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/\",\"name\":\"Micro Cap stock jumped 8% after receiving LoA from Government of India - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/power-consumption.jpg\",\"datePublished\":\"2023-08-30T09:13:00+00:00\",\"dateModified\":\"2023-08-30T09:13:02+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"Share prices of this IT stock gained 8% in Wednesday's trading session. The prices surged after the company received an LoA from the Ministry of Electricity and Information Technology, Government of India.\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/power-consumption.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/power-consumption.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Micro Cap stock jumped 8% after receiving LoA from Government of India\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Micro Cap stock jumped 8% after receiving LoA from Government of India - Trade Brains Features","description":"Share prices of this IT stock gained 8% in Wednesday's trading session. The prices surged after the company received an LoA from the Ministry of Electricity and Information Technology, Government of India.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/","og_locale":"en_US","og_type":"article","og_title":"Micro Cap stock jumped 8% after receiving LoA from Government of India","og_description":"Share prices of this IT stock gained 8% in Wednesday's trading session. The prices surged after the company received an LoA from the Ministry of Electricity and Information Technology, Government of India.","og_url":"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-08-30T09:13:00+00:00","article_modified_time":"2023-08-30T09:13:02+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/power-consumption.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_image":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/power-consumption.jpg","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/","url":"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/","name":"Micro Cap stock jumped 8% after receiving LoA from Government of India - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/power-consumption.jpg","datePublished":"2023-08-30T09:13:00+00:00","dateModified":"2023-08-30T09:13:02+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"Share prices of this IT stock gained 8% in Wednesday's trading session. The prices surged after the company received an LoA from the Ministry of Electricity and Information Technology, Government of India.","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/power-consumption.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/power-consumption.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumped-8-after-receiving-loa-from-government-of-india\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Micro Cap stock jumped 8% after receiving LoA from Government of India"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/108502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=108502"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/108502\/revisions"}],"predecessor-version":[{"id":108505,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/108502\/revisions\/108505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/12638"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=108502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=108502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=108502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}