{"id":109908,"date":"2023-09-13T16:23:16","date_gmt":"2023-09-13T10:53:16","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=109908"},"modified":"2023-09-13T16:30:08","modified_gmt":"2023-09-13T11:00:08","slug":"microcap-stock-hits-5-upper-circuit-after-company-received-an-order-worth-188-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/microcap-stock-hits-5-upper-circuit-after-company-received-an-order-worth-188-cr\/","title":{"rendered":"Microcap stock hits 5% upper circuit after company received an order worth \u20b9 188 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-45482809\"><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 infrastructure soared 5 percent upper circuit to Rs 37.05 apiece after the company received an order worth Rs 188 crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4211715534\"><!-- 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\/NIRAJ\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Niraj Cement Structurals Ltd<\/a><\/strong>, a micro-cap stock with a market valuation of Rs 148 crore, touched a 5 percent upper circuit on the Exchange on Wednesday for Rs 37.05 per share.\u00a0<\/p><p>According to the company\u2019s exchange filings, The company has received a work order from Indian Port Rail &amp; Ropeway Corporation Ltd. for the construction of an interchange cum road over a bridge on NH41 (Phase &#8211; l) in the state of Gujarat under EPC mode for the worth Rs 188.88 Crores.&nbsp;<\/p><p>The Company\u2019s revenue climbed by 24 percent year on year, rising from Rs 80 crore in Q1FY23 to Rs 99 crore in Q1FY24. During the same time period, net profit fell from Rs 0.61 crore to Rs 0.36 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2230744290\"><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>Company shares have delivered a return of 34 percent in six months and 15 percent in last year.&nbsp;<\/p><p>According to the latest shareholding pattern, the promoters own 24.26 percent of the company, while retail investors hold 75.74 percent.&nbsp;<\/p><p>Niraj Cement Structurals Ltd is engaged in the business of construction of projects with end-to-end solutions across domains such as transportation, urban infrastructure, BRTS projects, industrial infrastructure, and irrigation. They also offer technical and financial support to subcontractors.&nbsp;<\/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-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-2326076713\"><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 infrastructure soared 5 percent upper circuit to Rs 37.05 apiece after the company received an order worth Rs 188 crores.&nbsp; Niraj Cement Structurals Ltd, a micro-cap stock with a market valuation of Rs 148 crore, touched a 5 percent upper circuit on the Exchange on Wednesday for Rs 37.05 per share.\u00a0 According to [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":98544,"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":[12078,12077,948,936,12079],"class_list":["post-109908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-niraj-cement-structurals-latest-news","tag-niraj-cement-structurals-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-niraj-cement-structurals-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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