{"id":116683,"date":"2024-01-03T14:48:12","date_gmt":"2024-01-03T09:18:12","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=116683"},"modified":"2024-01-03T15:19:15","modified_gmt":"2024-01-03T09:49:15","slug":"microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/","title":{"rendered":"Microcap stock jumps after announcing tie up with agri commodity company based in Vietnam\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3357619914\"><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 the company engaged in import and export jumped 2 percent after tieing up with an agri commodity company based in Vietnam. The shares have delivered a multibagger return of 329 percent to its shareholders in one year.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-575059003\"><!-- 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. 369 crores, the shares of Growington Ventures India Ltd started Wednesday&#8217;s trading session positively at Rs. 229 compared to its previous close of Rs. 225.25. The share hit a high of Rs. 229.95, gaining 2 percent and are currently trading at Rs. 229 apiece.&nbsp;<\/p><p>Such a positive movement in the share price was observed after the company in an exchange filing announced that through its subsidiary company Elementures Foodstuff Trading L.L.C had made arrangements and tied up with an agri commodity company based in Vietnam for a regular supply of Dragon fruits, Coconut, Guava, Lime and other agri products from 1st quarter of calendar year 2024.&nbsp;<\/p><p>Furthermore, the company also in turn made an arrangement with wholesalers in the UAE to supply in hotels, restaurants and a chain of stores for retail distribution.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2112066989\"><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>Digging into the company\u2019s financial statement, the revenue increased from Rs. 1.23 crores during FY21-22 to Rs. 19.63 crores in FY22-23. In addition, the net profits showcased a transformation from a net loss of Rs. 3 lakhs to a net profit of Rs. 1.26 crores during the same period.&nbsp;<\/p><p>Looking at the important financial ratios, the return on equity (RoE) transformed from a negative RoE of 0.45 percent during FY21-22 to a positive RoE of 10.75 percent during FY22-23. On the other hand, the return on capital employed (RoCE) zoomed from 0.48 percent to 14.38 percent during the same timeframe.&nbsp;<\/p><p>According to the latest shareholding pattern, the promoters hold a 42.70 percent stake in the company and the remaining 57.30 percent is with the Retail Investors.&nbsp;<\/p><p>Headquartered in Mumbai, Growington Ventures India Ltd was incorporated in 1981. The Company used to deal in holiday travel packages but shifted to the business of exporting and importing Premium Quality Fruits.&nbsp;<\/p><p><strong>Written By Vaibahv Patil<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><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-content-10\" id=\"trade-2582574599\"><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><div class=\"trade-after-content\" id=\"trade-2808991133\"><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 the company engaged in import and export jumped 2 percent after tieing up with an agri commodity company based in Vietnam. The shares have delivered a multibagger return of 329 percent to its shareholders in one year.&nbsp; With a market capitalization of Rs. 369 crores, the shares of Growington Ventures India Ltd started [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":105237,"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-116683","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 announcing tie up with agri commodity company based in Vietnam\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of the company engaged in import and export jumped 2 percent after tieing up with an agri commodity company based in Vietnam. The shares have delivered a multibagger return of 329 percent to its shareholders in one year.\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-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/\" \/>\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 announcing tie up with agri commodity company based in Vietnam\u00a0\" \/>\n<meta property=\"og:description\" content=\"Shares of the company engaged in import and export jumped 2 percent after tieing up with an agri commodity company based in Vietnam. The shares have delivered a multibagger return of 329 percent to its shareholders in one year.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/\" \/>\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=\"2024-01-03T09:18:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-03T09:49:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/fruits-export.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-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/\",\"url\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/\",\"name\":\"Microcap stock jumps after announcing tie up with agri commodity company based in Vietnam\u00a0 - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/fruits-export.jpg\",\"datePublished\":\"2024-01-03T09:18:12+00:00\",\"dateModified\":\"2024-01-03T09:49:15+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"Shares of the company engaged in import and export jumped 2 percent after tieing up with an agri commodity company based in Vietnam. The shares have delivered a multibagger return of 329 percent to its shareholders in one year.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/fruits-export.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/fruits-export.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Microcap stock jumps after announcing tie up with agri commodity company based in Vietnam\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 announcing tie up with agri commodity company based in Vietnam\u00a0 - Trade Brains Features","description":"Shares of the company engaged in import and export jumped 2 percent after tieing up with an agri commodity company based in Vietnam. The shares have delivered a multibagger return of 329 percent to its shareholders in one year.\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-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/","og_locale":"en_US","og_type":"article","og_title":"Microcap stock jumps after announcing tie up with agri commodity company based in Vietnam\u00a0","og_description":"Shares of the company engaged in import and export jumped 2 percent after tieing up with an agri commodity company based in Vietnam. The shares have delivered a multibagger return of 329 percent to its shareholders in one year.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-01-03T09:18:12+00:00","article_modified_time":"2024-01-03T09:49:15+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/fruits-export.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-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/","url":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/","name":"Microcap stock jumps after announcing tie up with agri commodity company based in Vietnam\u00a0 - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/fruits-export.jpg","datePublished":"2024-01-03T09:18:12+00:00","dateModified":"2024-01-03T09:49:15+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"Shares of the company engaged in import and export jumped 2 percent after tieing up with an agri commodity company based in Vietnam. The shares have delivered a multibagger return of 329 percent to its shareholders in one year.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/fruits-export.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/fruits-export.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-after-announcing-tie-up-with-agri-commodity-company-based-in-vietnam\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Microcap stock jumps after announcing tie up with agri commodity company based in Vietnam\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\/116683","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=116683"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/116683\/revisions"}],"predecessor-version":[{"id":116684,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/116683\/revisions\/116684"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/105237"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=116683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=116683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=116683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}