{"id":111769,"date":"2023-10-13T10:54:00","date_gmt":"2023-10-13T05:24:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=111769"},"modified":"2023-10-13T10:54:05","modified_gmt":"2023-10-13T05:24:05","slug":"microcap-stock-in-green-after-it-receives-work-order-from-ministry-of-electronics-and-it","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/microcap-stock-in-green-after-it-receives-work-order-from-ministry-of-electronics-and-it\/","title":{"rendered":"Microcap stock in green after it receives work order from Ministry of Electronics and IT"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1575205394\"><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 this microcap trading company rose by 1.92 percent after the company got an order from the Ministry of Electronics and Information Technology.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2044331877\"><!-- 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 10:30, 13th October shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SBC\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">SBC Exports Ltd<\/a><\/strong> were trading at Rs. 26.55 per share, up by 1.92 percent from previous closing price of Rs. 26.05.\u00a0<\/p><p>Such bullish stock price movements were observed after the company through a regulatory filing Bombay stock exchange (BSE) announced that they have received a work order of Rs. 37,20,239 from the Ministry of Electronics and Information Technology. The work order is for providing Office Support, Project Management Support and Rollout Services.&nbsp;<\/p><p>Looking at the financials of the company, revenue increased by 27.62 percent to Rs. 52.86 crores in Q1FY24 from Rs. 67.59 crores in Q1FY23, in the same time period net profit almost doubled to Rs. 4.59 crores from 2.97 crores.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4248015393\"><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>Talking about the financial ratios, the company reported return on equity (ROE) of 22.44 percent and return on capital employed (ROCE) of 23.84 percent in the last financial year.&nbsp;<\/p><p>Promoters of the company hold 65.69 percent stake and the public holds 31.15 percent stake in the company.\u00a0<\/p><p>SBC Exports Limited is an India-based company. The Company is in the business of trading and manufacturing of garments, manpower supply services and tour operator services. Currently the company has 70 distributors in India and it receives an average of 75 new projects every year.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Vinit Israni<\/strong><strong>&nbsp;<\/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-3415386741\"><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 this microcap trading company rose by 1.92 percent after the company got an order from the Ministry of Electronics and Information Technology.&nbsp; At 10:30, 13th October shares of SBC Exports Ltd were trading at Rs. 26.55 per share, up by 1.92 percent from previous closing price of Rs. 26.05.\u00a0 Such bullish stock price [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":28546,"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":[8115,13189,8114,948,936],"class_list":["post-111769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-sbc-exports-latest-news","tag-sbc-exports-latest-order","tag-sbc-exports-share-price","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) - 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