{"id":111868,"date":"2023-10-16T11:07:53","date_gmt":"2023-10-16T05:37:53","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=111868"},"modified":"2023-10-16T11:07:58","modified_gmt":"2023-10-16T05:37:58","slug":"microcap-stock-in-green-after-it-secures-order-worth-11-27-cr-from-indian-oil-corporation-ltd","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/microcap-stock-in-green-after-it-secures-order-worth-11-27-cr-from-indian-oil-corporation-ltd\/","title":{"rendered":"Microcap stock in green after it secures order worth \u20b9 11.27 Cr from Indian Oil Corporation Ltd \u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3566031462\"><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 electrical company gained almost 1 percent after the company announced they have secured an order worth 11.27 crores for supplying electrical equipment.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2181135771\"><!-- 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 10:37 16th October, shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/504076\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Jyoti Ltd<\/a><\/strong>. were trading at Rs. 59 per share, up by 0.94 percent from previous closing price of Rs. 58.45 per share.\u00a0<\/p><p>Such bullish stock price movements were observed after the company announced on 13th october friday through a regulatory filing on Bombay stock exchange (BSE) that they have received order worth 11.27 crores for supply of high voltage switchgear panels, CDW units and other electrical equipments from Indian oil corporation Limited, Panipat.&nbsp;<\/p><p>Looking at the financials, the company&#8217;s revenue increased by 16.89 percent to Rs. 30.8 crores in Q1FY24 from Rs. 26.35 crores in Q1FY23, in the same time period net profit decreased by 60.33 percent to Rs. 0.48 crores from Rs. 1.21 crores.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3077615423\"><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 profitability ratios, the company reported Return on capital employed (ROCE) of 2.71 percent and return on assets (ROA) of 1.57 percent in the last financial year.&nbsp;<\/p><p>Promoters of the company hold 24.21 percent stakes and the public holds 74.46 percent in the company.&nbsp;<\/p><p>Incorporated in 1943, Jyoti Ltd is an Engineering Company that does business in the Power sector and Water sector. It offers hydraulic and electrical products and services and designs and manufactures a wide range of Pumps and EPC Pumping Systems from concept to commissioning.&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-453664128\"><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 electrical company gained almost 1 percent after the company announced they have secured an order worth 11.27 crores for supplying electrical equipment.&nbsp; At 10:37 16th October, shares of Jyoti Ltd. were trading at Rs. 59 per share, up by 0.94 percent from previous closing price of Rs. 58.45 per share.\u00a0 Such [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24902,"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":[13241,13243,13240,948,936,13242],"class_list":["post-111868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-jyoti-ltd-latest-news","tag-jyoti-ltd-order-from-ioc","tag-jyoti-ltd-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-jyoti-ltd-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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