{"id":113555,"date":"2023-11-10T14:40:49","date_gmt":"2023-11-10T09:10:49","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113555"},"modified":"2023-11-10T14:40:54","modified_gmt":"2023-11-10T09:10:54","slug":"stock-hits-lower-circuit-after-selling-entire-stake-in-its-subsidiary-for-6-5-million","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-hits-lower-circuit-after-selling-entire-stake-in-its-subsidiary-for-6-5-million\/","title":{"rendered":"Stock hits lower circuit after selling entire stake in its subsidiary for $6.5 Million\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3060737156\"><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>Multibagger products and solutions provider that helps enterprises accelerate their footprint and customer experience, hits 2 percent lower circuit in the day\u2019s trade after it sells its entire stake in Aurionpro Solutions W.L.L to Indofin International LLC.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-574908170\"><!-- 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>In the day\u2019s trade the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TREJHARA\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Trejhara Solutions Limited<\/a><\/strong> hit 2 percent lower circuit at Rs. 146.80 and its market capitalization is Rs. 173 Crores.\u00a0<\/p><p>As per the company\u2019s filing, the board of directors of Trejhara Solutions Limited have considered and approved the sale of its entire stake in Aurionpro Solutions W.L.L to Indofin International LLC for a consideration of upto USD 6.5 million.&nbsp;<\/p><p>The deal for the sale of its entire stake in Aurionpro Solutions W.L.L shall be completed within a period of 90 days.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3478071082\"><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>It has delivered multibagger returns of 109 percent in a year and 141 percent in the last six months. A shareholders investment of Rs. 1 Lakh would be worth Rs. 2.09 Lakh in a year.&nbsp;<\/p><p>The company\u2019s revenue grew 17.78 percent from Rs. 58.37 Crores in FY22 to Rs. 68.75 Crores in FY23, accompanied by profit of Rs. 10.96 Crores in FY22 to a loss of Rs. 299.13 Crores.&nbsp;<\/p><p>According to the latest shareholding data available for the September 2023 quarter, the company\u2019s Promoters hold 30 percent stake, the Domestic Institutional Investors hold 0.22 percent and the Foreign Institutional Investors (FII) hold 0.03 percent.&nbsp;<\/p><p>Trejhara Solutions Limited is a technology products and solutions provider that helps enterprises accelerate their footprint and customer experience, digitally, securely and efficiently.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/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-929094707\"><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>Multibagger products and solutions provider that helps enterprises accelerate their footprint and customer experience, hits 2 percent lower circuit in the day\u2019s trade after it sells its entire stake in Aurionpro Solutions W.L.L to Indofin International LLC.&nbsp; In the day\u2019s trade the shares of Trejhara Solutions Limited hit 2 percent lower circuit at Rs. 146.80 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":50355,"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":[948,936,14264,14263,14265],"class_list":["post-113555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-trejhara-solutions-latest-news","tag-trejhara-solutions-share-price","tag-trejhara-solutions-stake-sell"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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