{"id":119860,"date":"2024-02-27T14:00:13","date_gmt":"2024-02-27T08:30:13","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=119860"},"modified":"2024-02-27T14:00:18","modified_gmt":"2024-02-27T08:30:18","slug":"stock-under-10-signs-an-mou-with-german-company-to-enter-hydrogen-and-aerospace-markets-in-india","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-under-10-signs-an-mou-with-german-company-to-enter-hydrogen-and-aerospace-markets-in-india\/","title":{"rendered":"Stock under \u20b9 10 signs an MoU with German company to enter hydrogen and aerospace markets in India"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1863571824\"><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>A penny stock with a market capitalization of Rs 257.60 crore hit an upper circuit of 2 percent after signing a memorandum of understanding (MoU) with Germany&#8217;s Deltavision.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1504936026\"><!-- 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>Ducon Infratechnologies Ltd. started its trading session at a higher note of Rs 9.91 per share, hitting a 2 percent upper circuit. Its previous close was at Rs 9.72 per share and reached an intraday high of Rs 9.91 per share.&nbsp;<\/p><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/DUCON\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Ducon Infratechnologies Ltd.<\/a><\/strong> has signed a Memorandum of Understanding (MoU) with Germany\u2019s DeltaVision to enter the rocket propulsion and hydrogen mobility markets in India. This partnership aims to cater to the emerging Indian markets in the hydrogen and aerospace value chains by manufacturing embedded products through co-development and domestic industrialization.\u00a0<\/p><p>Looking at the business parameters, the revenue from operations on a yearly basis has increased by 0.43 percent, from Rs 88.73 crore in Q3 FY23 to Rs 89.12 crore in Q3 FY24. Similarly, net profits increased by 33 percent, from Rs 2.26 crore to Rs 3.01 crore, during the same period.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2372587714\"><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>Ducon Infratechnologies Ltd. operates in two segments, namely engineering, procurement, and construction (EPC) and information technology (IT). The promoter of the company holds a 60.24 percent stake, while the remaining 39.76 percent is held by the company.&nbsp;<\/p><p>Looking at the financial metrics, the company&#8217;s return on equity stands at 3.15 percent, and the return on capital employed stands at 6.68 percent. It has delivered a 75 percent return in six months.&nbsp;<\/p><p>Ducon Infratechnologies Ltd. is an Indian fossil fuel coal technology based company founded in 2009 engaged in the business of Fossil Fuel Clean Technologies, Green Energy, Green Electrification Markets, and Cleantech. It is regarded as one of the pioneers for seawater FGD systems and wet limestone FGD systems.&nbsp;<\/p><p><strong>Written By Praveen R<\/strong><strong>&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-45004012\"><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>A penny stock with a market capitalization of Rs 257.60 crore hit an upper circuit of 2 percent after signing a memorandum of understanding (MoU) with Germany&#8217;s Deltavision.&nbsp; Ducon Infratechnologies Ltd. started its trading session at a higher note of Rs 9.91 per share, hitting a 2 percent upper circuit. Its previous close was at [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":108062,"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":[16455,16454,948,936],"class_list":["post-119860","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-ducon-infratechnologies-latest-news","tag-ducon-infratechnologies-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>Stock under \u20b9 10 signs an MoU with German company to enter hydrogen and aerospace markets in India - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"A penny stock with a market capitalization of Rs 257.60 crore hit an upper circuit of 2 percent after signing a memorandum of understanding (MoU) with Germany&#039;s Deltavision.\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\/stock-under-10-signs-an-mou-with-german-company-to-enter-hydrogen-and-aerospace-markets-in-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock under \u20b9 10 signs an MoU with German company to enter hydrogen and aerospace markets in India\" \/>\n<meta property=\"og:description\" content=\"A penny stock with a market capitalization of Rs 257.60 crore hit an upper circuit of 2 percent after signing a memorandum of understanding (MoU) with Germany&#039;s Deltavision.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-under-10-signs-an-mou-with-german-company-to-enter-hydrogen-and-aerospace-markets-in-india\/\" \/>\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=\"2024-02-27T08:30:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-27T08:30:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/08\/rocket.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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-under-10-signs-an-mou-with-german-company-to-enter-hydrogen-and-aerospace-markets-in-india\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-under-10-signs-an-mou-with-german-company-to-enter-hydrogen-and-aerospace-markets-in-india\/\",\"name\":\"Stock under \u20b9 10 signs an MoU with German company to enter hydrogen and aerospace markets in India - 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