{"id":114524,"date":"2023-11-28T15:02:37","date_gmt":"2023-11-28T09:32:37","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114524"},"modified":"2023-11-28T15:02:42","modified_gmt":"2023-11-28T09:32:42","slug":"vijay-kedia-stock-hits-10-upper-circuit-after-company-received-an-order-worth-36-53-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/vijay-kedia-stock-hits-10-upper-circuit-after-company-received-an-order-worth-36-53-cr\/","title":{"rendered":"Vijay Kedia stock hits 10% upper circuit after company received an order worth \u20b9 36.53 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3066738841\"><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 the engineering company hit a 10 percent upper circuit after receiving an order worth Rs. 36.53 crores. The shares have delivered multibagger returns of 203 percent to its shareholders on a YTD basis.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3921769422\"><!-- 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>For example, since January, if someone had invested Rs. 1 lakh, then, the worth of these shares would be Rs. 3.3 lakhs now.&nbsp;<\/p><p>With a market capitalization of Rs. 395 crores, the shares of Innovators Facade System Ltd started Tuesday\u2019s trading session lower at Rs. 205. During the day, the share went to hit 10 percent upper circuit at Rs. 230.10 apiece.&nbsp;<\/p><p>Such a bullish movement was observed after the company received a work order for the Design, Development, Supply, Fabrication, and Installation of facade work from Information Technology Park Ltd worth Rs. 36.53 crores.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1867447681\"><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>Coming onto the company\u2019s financials, the revenue increased by 51 percent from Rs. 72.07 crores during the H1 FY22 to Rs. 1.021 crores in H2 FY22. In addition, the net profit zoomed by 528 percent from Rs. 1.16 crores to Rs. 7.29 crores during the same timeframe.&nbsp;<\/p><p>According to the BSE data, Ace Investor Mr. Vijay Kedia, entering the stock in June 2018, currently holds 20.10 crore equity shares equivalent to a 10.11 percent stake in this company. The current holding value of his investment amounts to Rs. 44.5 crores.&nbsp;<\/p><p>According to the latest shareholding pattern, Promoters have a 63.71 percent stake in the company and the remaining 36.20 percent shares are with the Public.&nbsp;<\/p><p>Headquartered in Mumbai, Innovators Facade Systems Ltd was incorporated in 1999. The company has expertise in the engineering, design, fabrication, erection, and assembly of custom facade systems, providing complete design-build services to the construction marketplace. The company specializes in innovative architecture building projects.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By Vaibhav Patil<\/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-687083344\"><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 the engineering company hit a 10 percent upper circuit after receiving an order worth Rs. 36.53 crores. The shares have delivered multibagger returns of 203 percent to its shareholders on a YTD basis.&nbsp; For example, since January, if someone had invested Rs. 1 lakh, then, the worth of these shares would be [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":108373,"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":[14742,14743,14744,11373,948,936],"class_list":["post-114524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-innovators-facade-system","tag-innovators-facade-system-latest-news","tag-innovators-facade-system-latest-order","tag-innovators-facade-systems-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) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Vijay Kedia stock hits 10% upper circuit after company received an order worth \u20b9 36.53 Cr - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of the engineering company hit a 10 percent upper circuit after receiving an order worth Rs. 36.53 crores. 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