{"id":114709,"date":"2023-11-30T17:23:52","date_gmt":"2023-11-30T11:53:52","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114709"},"modified":"2023-11-30T17:23:56","modified_gmt":"2023-11-30T11:53:56","slug":"jsl-industries-receives-supply-order-worth-5-82-cr-from-gujarat-energy-transmission-corporation","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/jsl-industries-receives-supply-order-worth-5-82-cr-from-gujarat-energy-transmission-corporation\/","title":{"rendered":"JSL Industries receives supply order worth \u20b9 5.82 Cr from Gujarat Energy Transmission Corporation\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3607965872\"><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>Shares of this multibagger micro-cap stock gained traction after the company intimated about the receipt of an order from Gujarat Energy Transmission Corporation Limited worth Rs 5.82 crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-668022690\"><!-- 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>With a market capitalization of Rs 138.54 crores, the stocks of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/504080\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">JSL Industries Limited<\/a><\/strong> closed at Rs 1,180.20 on Thursday, hitting the 2 percent lower circuit compared to the previous close of Rs 1,204.25 apiece. The company\u2019s stock has been hitting the 2 percent lower circuit since the inception of this trading week.\u00a0<\/p><p>The company, in a recent filing with the Bombay Stock Exchange (BSE), intimated that it has received an order from \u201cGujarat Energy Transmission Corporation Limited\u201d for the purpose of supplying 66KV Class CT\/PT worth Rs 5.82 crores. The order is decided to be executed by August 10th, 2024.&nbsp;<\/p><p>Keeping today\u2019s stock movement aside, the company\u2019s stock has seen a stellar performance delivering multibagger returns of around 102 percent to its stakeholders in just one month. Due to aggressive additions to its products, specifically in the \u2018IT &amp; Motor Unit\u2019 segment, the company expects better growth prospects.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3241642377\"><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>During the recent quarters, the company\u2019s financials showcased opposing movements as far as the operating revenues and net profits are concerned. The former, on one end, fell marginally from Rs 12.50 crores during Q1FY23-24 to Rs 11.76 crores during Q2FY23-24, and, the latter, during the same time horizon, rose from Rs 1.95 crores to Rs 2.85 crores.&nbsp;<\/p><p>Having a look at the latest shareholding pattern data as of the September 2023 quarter, the company\u2019s Promoters hold a 40.76 percent stake, Public (retail) investors hold a 46.69 percent stake, and the remaining 12.55 percent stake in the company is held by the Domestic Institutional Investors (DIIs).&nbsp;<\/p><p>JSL Industries Limited is a company based in India that is engaged in the business of engineering. Operating via a single segment, i.e., manufacturing of engineering goods, the company manufactures a wide range of products comprising transformers, motor starters, auxiliary contactors, thermal overload relays, etc.&nbsp;<\/p><p><strong>Written by Amit Madnani&nbsp;<\/strong><\/p><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-1929878163\"><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>Shares of this multibagger micro-cap stock gained traction after the company intimated about the receipt of an order from Gujarat Energy Transmission Corporation Limited worth Rs 5.82 crores.&nbsp; With a market capitalization of Rs 138.54 crores, the stocks of JSL Industries Limited closed at Rs 1,180.20 on Thursday, hitting the 2 percent lower circuit compared [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":101688,"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":[14818,14819,14817,948,936],"class_list":["post-114709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-jsl-industries-latest-news","tag-jsl-industries-latest-order","tag-jsl-industries-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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