{"id":110257,"date":"2023-09-19T11:21:00","date_gmt":"2023-09-19T05:51:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=110257"},"modified":"2023-09-19T11:22:25","modified_gmt":"2023-09-19T05:52:25","slug":"penny-stock-hit-5-upper-circuit-after-it-received-approval-from-govt-to-provide-skill-training-worth-15-million","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stock-hit-5-upper-circuit-after-it-received-approval-from-govt-to-provide-skill-training-worth-15-million\/","title":{"rendered":"Penny stock hit 5% upper circuit after it received approval from Govt to provide skill training worth \u20b9 15 Million"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-438423203\"><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 upper circuit at 5% in Monday\u2019s trading session after the company received approval from the government to provide skill training&nbsp; in the telecom sector.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2652665115\"><!-- 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>Share price of NMS closed at its upper circuit of 5% at Rs. 48.97 per share. The stock has returned a multibagger return of 104.04% in the last six months and 141.23% in the last one year.<\/p><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/522289\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">NMS Resources Global<\/a><\/strong> is an associate member of the Telecom Sector Skill Council. On 18 Sep 2023, the company received approval from the Ministry of Electronics and Information Technology in association with Telecom Sector Skill council to provide skill training to one thousand aspiring workforce in mobile manufacturing unit under the telecom sector. <\/p><p>The approximate value for this program stands at Rs. 15 million. Along with the approval, the company also announced the starting of Skill Development, its third division in the business.<\/p><div class=\"trade-content_5\" id=\"trade-1865068372\"><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 the company\u2019s recent financial statements, it recorded a revenue of Rs. 3.52 crore in Q1FY24 which is a reduction of 6.6% to Rs. 3.77 crore in Q4FY23. Its net profit of Rs. 0.02 crore in Q4FY23 increased 200% to Rs. 0.06 crore in Q1FY24. It has a return of equity of 0.55%<\/p><p>NMS Resources Global is a service provider company engaged in construction, engineering and finance industries. It offers its services in four divisions which include Infra division, Manpower division, Skill development and Consultancy (Financial and Technical). In recent years, the company has achieved success in the first two of its divisions.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Written by Bhumika Khandelwal<\/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-1044006196\"><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 upper circuit at 5% in Monday\u2019s trading session after the company received approval from the government to provide skill training&nbsp; in the telecom sector. Share price of NMS closed at its upper circuit of 5% at Rs. 48.97 per share. The stock has returned a multibagger return of 104.04% in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":18804,"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":[12237,12234,948,936,12236],"class_list":["post-110257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-nms-resources-global-business","tag-nms-resources-global-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-nms-resources-global-share-going-up"],"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 hit 5% upper circuit after it received approval from Govt to provide skill training worth \u20b9 15 Million - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This penny stock hit its upper circuit at 5% in Monday\u2019s trading session after the company received approval from the government to provide skill training\u00a0 in the telecom sector.\" \/>\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-hit-5-upper-circuit-after-it-received-approval-from-govt-to-provide-skill-training-worth-15-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Penny stock hit 5% upper circuit after it received approval from Govt to provide skill training worth \u20b9 15 Million\" \/>\n<meta property=\"og:description\" content=\"This penny stock hit its upper circuit at 5% in Monday\u2019s trading session after the company received approval from the government to provide skill training\u00a0 in the telecom sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/penny-stock-hit-5-upper-circuit-after-it-received-approval-from-govt-to-provide-skill-training-worth-15-million\/\" \/>\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=\"2023-09-19T05:51:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-19T05:52:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Mobile-Towers-Cover-Image.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-hit-5-upper-circuit-after-it-received-approval-from-govt-to-provide-skill-training-worth-15-million\/\",\"url\":\"https:\/\/tradebrains.in\/features\/penny-stock-hit-5-upper-circuit-after-it-received-approval-from-govt-to-provide-skill-training-worth-15-million\/\",\"name\":\"Penny stock hit 5% upper circuit after it received approval from Govt to provide skill training worth \u20b9 15 Million - 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