{"id":112352,"date":"2023-10-20T12:07:30","date_gmt":"2023-10-20T06:37:30","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=112352"},"modified":"2023-10-20T12:07:36","modified_gmt":"2023-10-20T06:37:36","slug":"penny-stock-jumps-up-to-3-6-after-it-received-an-order-from-maharashtras-chief-electoral-officer","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stock-jumps-up-to-3-6-after-it-received-an-order-from-maharashtras-chief-electoral-officer\/","title":{"rendered":"Penny stock jumps up to 3.6% after it received an order from Maharashtra\u2019s Chief Electoral Officer"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1347995249\"><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 Information Technology stock gained 3.7 percent to Rs 46.97 a share on Friday after it received an order from Maharashtra\u2019s Chief Electoral Officer.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-552503097\"><!-- 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 11:55 a.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 45.89 on the Bombay Stock Exchange, up 1.30 percent from the previous close price. The company has a market capitalization of Rs 49 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 the Marathi Photo Electoral Rolls for an order of Rs 57.60 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-822755536\"><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>Atishay&#8217;s operating margin has 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 54 percent over the last six months and 23 percent in the previous year.&nbsp;<\/p><p>According to the latest shareholding pattern, the company promoters hold a 74.99 percent stake in the company and 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>Since Atishay belongs to the Penny stocks category with a low market capitalization and a low trading volume. So Individual investors must conduct extensive research before investing in penny stocks, because such penny stocks are volatile in nature, 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-3517805853\"><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-3401438581\"><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 Information Technology stock gained 3.7 percent to Rs 46.97 a share on Friday after it received an order from Maharashtra\u2019s Chief Electoral Officer.&nbsp; At 11:55 a.m., Atishay Ltd shares were trading at Rs 45.89 on the Bombay Stock Exchange, up 1.30 percent from the previous close price. The company has a [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24849,"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-112352","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 stock jumps up to 3.6% after it received an order from Maharashtra\u2019s Chief Electoral Officer - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of this Information Technology stock gained 3.7 percent to Rs 46.97 a share on Friday after it received an order from Maharashtra\u2019s Chief Electoral Officer.\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-stock-jumps-up-to-3-6-after-it-received-an-order-from-maharashtras-chief-electoral-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Penny stock jumps up to 3.6% after it received an order from Maharashtra\u2019s Chief Electoral Officer\" \/>\n<meta property=\"og:description\" content=\"The shares of this Information Technology stock gained 3.7 percent to Rs 46.97 a share on Friday after it received an order from Maharashtra\u2019s Chief Electoral Officer.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/penny-stock-jumps-up-to-3-6-after-it-received-an-order-from-maharashtras-chief-electoral-officer\/\" \/>\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=\"2023-10-20T06:37:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-20T06:37:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Markets-5-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-jumps-up-to-3-6-after-it-received-an-order-from-maharashtras-chief-electoral-officer\/\",\"url\":\"https:\/\/tradebrains.in\/features\/penny-stock-jumps-up-to-3-6-after-it-received-an-order-from-maharashtras-chief-electoral-officer\/\",\"name\":\"Penny stock jumps up to 3.6% after it received an order from Maharashtra\u2019s Chief Electoral Officer - 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