{"id":113972,"date":"2023-11-20T11:20:24","date_gmt":"2023-11-20T05:50:24","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113972"},"modified":"2023-11-20T11:20:29","modified_gmt":"2023-11-20T05:50:29","slug":"microcap-stock-hits-5-upper-circuit-after-it-received-an-order-from-esic-worth-25-lakhs","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/microcap-stock-hits-5-upper-circuit-after-it-received-an-order-from-esic-worth-25-lakhs\/","title":{"rendered":"Microcap stock hits 5% upper circuit after it received an order from ESIC worth \u20b9 25 Lakhs\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3880889834\"><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>Micro-cap electronics and telecommunication systems provider hit 5 percent upper circuit in the day\u2019s trade after it received an order from employee state insurance corporation(ESIC) for a supply of 30 pieces of a product called METSL.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3803186253\"><!-- 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 10:25 a.m. the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/538401\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Maestros Electronics &amp; Telecommunications Systems Limited<\/a><\/strong> were trading at Rs. 89.20, up 4.07 percent from its previous day&#8217;s close price of Rs. 85.13 and its market capitalization is Rs. 49 Crores.\u00a0<\/p><p>Maestros Electronics &amp; Telecommunications Systems Limited has received orders worth Rs. 25 Lakhs from Employees State Insurance Corporation (ESIC), for the supply of 30 pieces of a product named METSL with 2 channels TFT Preconfigured \/ Non-Modular Multipara Monitor.&nbsp;<\/p><p>The company\u2019s revenue grew 120.63 percent from Rs. 11.15 Crores in FY22 to Rs. 24.6 Crores in FY23, accompanied by increasing profits of Rs. 1.25 Crores to Rs. 2.98 Crores.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-400341165\"><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>In FY23 it has reported a return on equity (ROE) of 12.38 percent and a return on capital employed (ROCE) of 16.51 percent, it is making good returns on its equity and capital employed. It has debt to equity ratio of 0.19 and a profit margin of 12.11 percent.&nbsp;<\/p><p>Maestros Electronics &amp; Telecommunications Systems Limited is a design, development, and manufacturing company, it is engaged in providing products and services for financial inclusion, cardiology, gynecology, critical care patients, and diseases management. It usually operates in the fields of Medical device manufacture, telemedicine, healthcare solutions, and business Automation.&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-656012830\"><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>Micro-cap electronics and telecommunication systems provider hit 5 percent upper circuit in the day\u2019s trade after it received an order from employee state insurance corporation(ESIC) for a supply of 30 pieces of a product called METSL.&nbsp; At 10:25 a.m. the shares of Maestros Electronics &amp; Telecommunications Systems Limited were trading at Rs. 89.20, up 4.07 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13571,"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":[14317,14318,14316,948,936],"class_list":["post-113972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-maestros-electronics-latest-news","tag-maestros-electronics-latest-order","tag-maestros-electronics-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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