{"id":118463,"date":"2024-02-02T11:59:31","date_gmt":"2024-02-02T06:29:31","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=118463"},"modified":"2024-02-02T13:11:06","modified_gmt":"2024-02-02T07:41:06","slug":"micro-cap-stock-jumps-up-to-4-after-it-signs-an-mou","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumps-up-to-4-after-it-signs-an-mou\/","title":{"rendered":"Micro cap stock jumps up to 4% after it signs an MoU\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3069117466\"><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>Share price of a micro-cap moved up by nearly 4.88 percent to Rs. 12.87 in the morning trading session on Friday, compared to its previous close of Rs. 12.27, after the company announced signing a Memorandum of Understanding (MoU) on February 1st.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-453166815\"><!-- 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 cap of Rs. 9.79 crore, shares of Jonjua Overseas Ltd. opened at Rs. 12.30 on February 2nd. The company has delivered positive returns of more than 36.7 percent in the last six months, compared to nearly 53.23 percent of positive returns in the last one year. So far in 2024, it has given around 14.88 percent of returns.&nbsp;<\/p><p>According to the recent filings on BSE, an MoU was made and executed between the Gian Jyoti Institute of Management and Technology and Jonjua Overseas Limited on 2nd February, Friday.&nbsp;<\/p><p>Gian Jyoti Institute of Management and Technology is a leading institution of academic learning and technology in Mohali, Punjab.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3711253511\"><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>This MoU between the institute and the corporation aims to share knowledge and establish academic-industry collaboration for the benefit of young talent undergoing skill training in the company.&nbsp;<\/p><p>In terms of financials, the revenue from operations of Jonjua Overseas decreased by 54.8 percent on a YoY basis from Rs. 2.19 crore in the September 2022 quarter to Rs. 0.99 crore in the September 2023 quarter, accompanied by a 5.88 percent decrease in net profit to Rs. 0.64 crore in the September 2023 quarter from Rs. 0.68 crore in the September 2022 quarter.&nbsp;<\/p><p>The Promoters\u2019 holdings decreased by 9.31 percent to 31.53 percent in the September 2023 quarter from 40.84 percent in the September 2022 quarter.&nbsp;<\/p><p>Jonjua Overseas Ltd. is engaged in the business of service exports, corporate consultancy, agriculture, and organic manure along with the sale of printed books, brochures, flyers, letterheads, pamphlets, marketing materials, etc.&nbsp;<\/p><p><strong>Written by Shivani Singh&nbsp;<\/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-1087755583\"><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-1708884743\"><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>Share price of a micro-cap moved up by nearly 4.88 percent to Rs. 12.87 in the morning trading session on Friday, compared to its previous close of Rs. 12.27, after the company announced signing a Memorandum of Understanding (MoU) on February 1st.&nbsp; With a market cap of Rs. 9.79 crore, shares of Jonjua Overseas Ltd. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":98557,"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-118463","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>Micro cap stock jumps up to 4% after it signs an MoU\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Share price of a micro-cap moved up by nearly 4.88 percent to Rs. 12.87 in the morning trading session on Friday, compared to its previous close of Rs. 12.27, after the company announced signing a Memorandum of Understanding (MoU) on February 1st.\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\/micro-cap-stock-jumps-up-to-4-after-it-signs-an-mou\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Micro cap stock jumps up to 4% after it signs an MoU\u00a0\" \/>\n<meta property=\"og:description\" content=\"Share price of a micro-cap moved up by nearly 4.88 percent to Rs. 12.87 in the morning trading session on Friday, compared to its previous close of Rs. 12.27, after the company announced signing a Memorandum of Understanding (MoU) on February 1st.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumps-up-to-4-after-it-signs-an-mou\/\" \/>\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=\"2024-02-02T06:29:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-02T07:41:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.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\/micro-cap-stock-jumps-up-to-4-after-it-signs-an-mou\/\",\"url\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-jumps-up-to-4-after-it-signs-an-mou\/\",\"name\":\"Micro cap stock jumps up to 4% after it signs an MoU\u00a0 - 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