{"id":112955,"date":"2023-11-01T12:21:42","date_gmt":"2023-11-01T06:51:42","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=112955"},"modified":"2023-11-01T13:42:20","modified_gmt":"2023-11-01T08:12:20","slug":"microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/","title":{"rendered":"Microcap stock jumps after it received prestigious order for project in Iraq\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2648318821\"><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>Monopoly stock, which is the only manufacturer of Mechanical seals in India, gained 2 percent in the day\u2019s trade after it received a prestigious order to supply 38 Critical Mechanical Seals and Seal systems for the Romalia Project(Oil Marketing) in Iraq.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1386640863\"><!-- 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 10:56 a.m the shares of Sealmatic India Limited were trading at Rs. 492.20 per share, up 0.45 percent from its previous day close price and its market capitalization is Rs. 445 Crores.\u00a0<\/p><p>As per the company\u2019s filing, Sealmatic India has bagged a very prestigious project for the supply of 38 Critical Mechanical Seals &amp; Seal Supply Systems as Per API 682, for Refinery Hydrocarbon Application., for the Rumaila Project (Iraq) from flowserve India Controls Pvt Ltd and the time period by which the orders are to be executed is 24 weeks from the date of approval of drawings.&nbsp;<\/p><p>Rumaila is one of the world\u2019s supergiant oil fields, that contain over a billion barrels of recoverable oil. It is estimated that some 17 billion barrels of recoverable oil are still contained within Rumaila\u2019s reservoirs.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1452160719\"><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>Rumaila is managed by the Rumaila Operating Organization (ROO), a Joint Venture between Basra Oil Corporation (BOC), Basra Energy Company Limited (BECL) and Oil Marketing Company (SOMO) which was established to transform the field into a world-class operation to serve Iraq and its people.&nbsp;<\/p><p>Its revenue from operations grew 38.09 percent from Rs. 42 Crores in FY22 to Rs. 58 Crores in FY23, accompanied by increasing profits of Rs. 8 Crore to Rs. 10 Crores.&nbsp;<\/p><p>It has reported a return on equity (ROE) of 13.91 percent and a return on capital employed (ROCE) of 18.26 percent, it is making good returns on its equity and capital employed.&nbsp;<\/p><p>According to the latest shareholding data available for the September 2023 quarter, the company\u2019s Promoters hold 72.38 percent stake, the Domestic Institutional Investors hold 3.35 percent and the Foreign Institutional Investors (FII) hold 0.00 percent.&nbsp;<\/p><p>Sealmatic India Limited has a monopoly in the Indian market, as it is the only manufacturer of mechanical seals in India. It is engaged in the business of designing and manufacturing mechanical seals and associated products.&nbsp;<\/p><p>Sealmatic\u2019s API-compliant mechanical seals offer technically competent, practical solutions that provide significantly greater safety and process reliability in refining technology, petrochemical, oil &amp; gas and chemical industries.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-3524018980\"><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><p><strong>Written by: Bharath K.S<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2154372789\"><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>Monopoly stock, which is the only manufacturer of Mechanical seals in India, gained 2 percent in the day\u2019s trade after it received a prestigious order to supply 38 Critical Mechanical Seals and Seal systems for the Romalia Project(Oil Marketing) in Iraq.&nbsp; At 10:56 a.m the shares of Sealmatic India Limited were trading at Rs. 492.20 [&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":[31,13525],"tags":[],"class_list":["post-112955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"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>Microcap stock jumps after it received prestigious order for project in Iraq\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Monopoly stock, which is the only manufacturer of Mechanical seals in India, gained 2 percent in the day\u2019s trade after it received a prestigious order to supply 38 Critical Mechanical Seals and Seal systems for the Romalia Project(Oil Marketing) in Iraq.\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\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microcap stock jumps after it received prestigious order for project in Iraq\u00a0\" \/>\n<meta property=\"og:description\" content=\"Monopoly stock, which is the only manufacturer of Mechanical seals in India, gained 2 percent in the day\u2019s trade after it received a prestigious order to supply 38 Critical Mechanical Seals and Seal systems for the Romalia Project(Oil Marketing) in Iraq.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/\" \/>\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=\"2023-11-01T06:51:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-01T08:12:20+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\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/\",\"url\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/\",\"name\":\"Microcap stock jumps after it received prestigious order for project in Iraq\u00a0 - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Markets-5-Cover-Image.jpg\",\"datePublished\":\"2023-11-01T06:51:42+00:00\",\"dateModified\":\"2023-11-01T08:12:20+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"Monopoly stock, which is the only manufacturer of Mechanical seals in India, gained 2 percent in the day\u2019s trade after it received a prestigious order to supply 38 Critical Mechanical Seals and Seal systems for the Romalia Project(Oil Marketing) in Iraq.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Markets-5-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Markets-5-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Microcap stock jumps after it received prestigious order for project in Iraq\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Microcap stock jumps after it received prestigious order for project in Iraq\u00a0 - Trade Brains Features","description":"Monopoly stock, which is the only manufacturer of Mechanical seals in India, gained 2 percent in the day\u2019s trade after it received a prestigious order to supply 38 Critical Mechanical Seals and Seal systems for the Romalia Project(Oil Marketing) in Iraq.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/","og_locale":"en_US","og_type":"article","og_title":"Microcap stock jumps after it received prestigious order for project in Iraq\u00a0","og_description":"Monopoly stock, which is the only manufacturer of Mechanical seals in India, gained 2 percent in the day\u2019s trade after it received a prestigious order to supply 38 Critical Mechanical Seals and Seal systems for the Romalia Project(Oil Marketing) in Iraq.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-11-01T06:51:42+00:00","article_modified_time":"2023-11-01T08:12:20+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Markets-5-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/","url":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/","name":"Microcap stock jumps after it received prestigious order for project in Iraq\u00a0 - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Markets-5-Cover-Image.jpg","datePublished":"2023-11-01T06:51:42+00:00","dateModified":"2023-11-01T08:12:20+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"Monopoly stock, which is the only manufacturer of Mechanical seals in India, gained 2 percent in the day\u2019s trade after it received a prestigious order to supply 38 Critical Mechanical Seals and Seal systems for the Romalia Project(Oil Marketing) in Iraq.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Markets-5-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Markets-5-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-it-received-prestigious-order-for-project-in-iraq\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Microcap stock jumps after it received prestigious order for project in Iraq\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/112955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=112955"}],"version-history":[{"count":2,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/112955\/revisions"}],"predecessor-version":[{"id":112958,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/112955\/revisions\/112958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/24849"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=112955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=112955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=112955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}