{"id":109826,"date":"2023-09-13T12:08:12","date_gmt":"2023-09-13T06:38:12","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=109826"},"modified":"2023-09-13T12:08:18","modified_gmt":"2023-09-13T06:38:18","slug":"penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/","title":{"rendered":"Penny stock hits 5% upper circuit after company bags an order for Odisha project"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3785480387\"><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>This Penny Stock hit its 5% upper circuit within 15 minutes of markets opening on Wednesday, making it the third consecutive day it hit the upper circuit. Throughout the week, the company saw 1.3x avg last week volumes and continues to make new 52 week highs, currently ~300% away from 52 week low. <\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-916522284\"><!-- 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 company is engaged in consulting and has a market cap of Rs. 30 crore. The stock currently trades 8% above its 20 day moving average and 16% above its 200 day moving average.\u00a0The stock closed at Rs. 81.02 up from Rs. 77.17 on Tuesday.<\/p><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/543410\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">DMR Hydroengineering &amp; Infrastructures Ltd<\/a><\/strong> (\u201cDMR\u201d) stated in a filing dated 12th September 2023 that it has received a work order on September 12, 2023 for Prebid Engineering Services for In-stream storage structure (\u2018ISS\u2019) at Khairamal across river Mahanadi in Odisha. The project is set to be completed in 180 days and is worth Rs. 10 lakh.\u00a0<\/p><p>Earlier this month, the company said in a filing dated 1st September 2023 that it received an order for Detailed Design and Engineering Services for Sabarmati Dam Project of Water Resources Department located at Zone \u2013 Jodhpur, Rajasthan. This project is to be completed in 3 years and is worth Rs. 1.7 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-303111995\"><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>DMR is a 3 month, YTD and 1 year multibagger, returning 111%, 148% and 266% respectively. Meaning if you invested Rs. 1 lakh into DMR at the start of 2023, it would have returned Rs. 2.48 lakh by now. The stock was listed fairly recently in December 2021 and has shown considerable results in the past two fiscal years.&nbsp;<\/p><p>Revenue growth was 24% YoY from Rs. 3.5 crore in FY22 to Rs. 4.4 crore in FY23. Net Profits also grew 13% YoY from Rs. 0.7 crore to Rs. 0.8 crore, indicating margin expansion of 172 bps. DMR Hydroengineering &amp; Infrastructures operates as an engineering consulting company in India and abroad.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sandeep R<\/strong>.&nbsp;<\/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-48632706\"><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>This Penny Stock hit its 5% upper circuit within 15 minutes of markets opening on Wednesday, making it the third consecutive day it hit the upper circuit. Throughout the week, the company saw 1.3x avg last week volumes and continues to make new 52 week highs, currently ~300% away from 52 week low. The company [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104924,"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":[12047,12048,12046,9610,948,936],"class_list":["post-109826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-dmr-hydroengineering-infrastructures-latest-news","tag-dmr-hydroengineering-infrastructures-order","tag-dmr-hydroengineering-infrastructures-share-price","tag-penny-stock","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>Penny stock hits 5% upper circuit after company bags an order for Odisha project - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This Penny Stock hit its 5% upper circuit within 15 minutes of markets opening on Wednesday, making it the third consecutive day it hit the upper circuit.\" \/>\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\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Penny stock hits 5% upper circuit after company bags an order for Odisha project\" \/>\n<meta property=\"og:description\" content=\"This Penny Stock hit its 5% upper circuit within 15 minutes of markets opening on Wednesday, making it the third consecutive day it hit the upper circuit.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/\" \/>\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=\"2023-09-13T06:38:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-13T06:38:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/market-2.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: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\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/\",\"url\":\"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/\",\"name\":\"Penny stock hits 5% upper circuit after company bags an order for Odisha project - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/market-2.jpg\",\"datePublished\":\"2023-09-13T06:38:12+00:00\",\"dateModified\":\"2023-09-13T06:38:18+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"This Penny Stock hit its 5% upper circuit within 15 minutes of markets opening on Wednesday, making it the third consecutive day it hit the upper circuit.\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/market-2.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/market-2.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Penny stock hits 5% upper circuit after company bags an order for Odisha project\"}]},{\"@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":"Penny stock hits 5% upper circuit after company bags an order for Odisha project - Trade Brains Features","description":"This Penny Stock hit its 5% upper circuit within 15 minutes of markets opening on Wednesday, making it the third consecutive day it hit the upper circuit.","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\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/","og_locale":"en_US","og_type":"article","og_title":"Penny stock hits 5% upper circuit after company bags an order for Odisha project","og_description":"This Penny Stock hit its 5% upper circuit within 15 minutes of markets opening on Wednesday, making it the third consecutive day it hit the upper circuit.","og_url":"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-09-13T06:38:12+00:00","article_modified_time":"2023-09-13T06:38:18+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/market-2.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","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\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/","url":"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/","name":"Penny stock hits 5% upper circuit after company bags an order for Odisha project - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/market-2.jpg","datePublished":"2023-09-13T06:38:12+00:00","dateModified":"2023-09-13T06:38:18+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"This Penny Stock hit its 5% upper circuit within 15 minutes of markets opening on Wednesday, making it the third consecutive day it hit the upper circuit.","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/market-2.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/market-2.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-company-bags-an-order-for-odisha-project\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Penny stock hits 5% upper circuit after company bags an order for Odisha project"}]},{"@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\/109826","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=109826"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/109826\/revisions"}],"predecessor-version":[{"id":109827,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/109826\/revisions\/109827"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/104924"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=109826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=109826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=109826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}