{"id":111167,"date":"2023-10-04T17:01:57","date_gmt":"2023-10-04T11:31:57","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=111167"},"modified":"2023-10-04T17:02:14","modified_gmt":"2023-10-04T11:32:14","slug":"penny-it-stock-jumps-up-to-5-after-it-received-an-order-worth-86-40-lakhs","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-it-stock-jumps-up-to-5-after-it-received-an-order-worth-86-40-lakhs\/","title":{"rendered":"Penny IT stock jumps up to 5% after company received an order worth \u20b9 86.40 Lakhs\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3154382904\"><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>The shares of this IT stock gained 5 percent to Rs 38.60 a share on Wednesday after it received an order worth Rs 86.40 lakhs.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3306779216\"><!-- 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>At 3:25 p.m., <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/538713\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Atishay Ltd<\/a><\/strong> shares were trading at Rs 38.29 on the Bombay Stock Exchange, up 4.4 percent from the previous close price. The company has a market capitalization of Rs 41 crore.\u00a0<\/p><p>According to the exchange filing, The Office of the Chief Electoral Officer, Maharashtra, issued an order to Atishay Ltd for the preparation of a photo electoral roll and the data entry update of the state and district control tables totaling Rs 86.40 lakhs.&nbsp;<\/p><p>The operational income of Atishay has risen by 8.6 percent year on year, from Rs 19.75 crore in FY 22-23 to Rs 21.46 crore in FY 23-24. During the same time period, the net has increased from Rs 0.11 crore to Rs 0.65 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3202661792\"><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>The Company&#8217;s operating margin increased from 3.23 percent in FY22 to 6.28 percent in FY23, while the net profit rose from 0.57 percent to 3.02 percent during the same period.&nbsp;<\/p><p>The stock has increased by 31 percent over the last six months and 15 percent on a year-to-date basis.&nbsp;<\/p><p>According to the latest shareholding pattern, the company promoters hold a 74.99 percent stake, while retail investors hold a 25.01 percent stake.&nbsp;<\/p><p>Atishay Ltd is engaged in IT Consultancy and Services that provides customised software solutions for businesses.&nbsp;<\/p><p>Penny stocks are those companies with a low market capitalization and a low trading price. This stock also falls into the penny stock category. So Individual investors must conduct extensive research before investing, because such penny stocks have volatile performance, are rarely traded, and a small number of trades may result in a circuit limit.<\/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-content-10\" id=\"trade-2958158255\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\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><div class=\"trade-after-content\" id=\"trade-2954425963\"><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>The shares of this IT stock gained 5 percent to Rs 38.60 a share on Wednesday after it received an order worth Rs 86.40 lakhs.&nbsp; At 3:25 p.m., Atishay Ltd shares were trading at Rs 38.29 on the Bombay Stock Exchange, up 4.4 percent from the previous close price. The company has a market capitalization [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":69898,"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":[12242,12244,12241,948,936,12243],"class_list":["post-111167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-atishay-latest-news","tag-atishay-order","tag-atishay-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-atishay-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 IT stock jumps up to 5% after company received an order worth \u20b9 86.40 Lakhs\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of this IT stock gained 5 percent to Rs 38.60 a share on Wednesday after it received an order worth Rs 86.40 lakhs.\u00a0\" \/>\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-it-stock-jumps-up-to-5-after-it-received-an-order-worth-86-40-lakhs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Penny IT stock jumps up to 5% after company received an order worth \u20b9 86.40 Lakhs\u00a0\" \/>\n<meta property=\"og:description\" content=\"The shares of this IT stock gained 5 percent to Rs 38.60 a share on Wednesday after it received an order worth Rs 86.40 lakhs.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/penny-it-stock-jumps-up-to-5-after-it-received-an-order-worth-86-40-lakhs\/\" \/>\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=\"2023-10-04T11:31:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-04T11:32:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-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-it-stock-jumps-up-to-5-after-it-received-an-order-worth-86-40-lakhs\/\",\"url\":\"https:\/\/tradebrains.in\/features\/penny-it-stock-jumps-up-to-5-after-it-received-an-order-worth-86-40-lakhs\/\",\"name\":\"Penny IT stock jumps up to 5% after company received an order worth \u20b9 86.40 Lakhs\u00a0 - 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