{"id":123808,"date":"2024-05-08T12:54:05","date_gmt":"2024-05-08T07:24:05","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=123808"},"modified":"2024-05-08T13:30:21","modified_gmt":"2024-05-08T08:00:21","slug":"penny-stock-hits-upper-circuit-after-company-received-work-order-worth-65-25-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stock-hits-upper-circuit-after-company-received-work-order-worth-65-25-cr\/","title":{"rendered":"Penny stock hits upper circuit after company received work order worth \u20b9 65.25 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-560570406\"><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>Penny stock engaged in the business of various construction and infrastructure projects and trading in materials for construction hits a 2 percent upper circuit upon receiving multiple work orders for Rs. 65.25 Crores&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2843047104\"><!-- 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. 38 Crores the shares of <strong>Constronics Infra Limited<\/strong> hit a 2 percent upper circuit at Rs. 52.86 from its previous day\u2019s close price of Rs. 51.83. It has delivered multibagger returns of 781 percent in a year.\u00a0<\/p><p><strong>Constronics Infra Limited has received a work order worth Rs. 55.17 Crores from KCP Infra Limited for the work of Widening from Two Lane to Four Lane and Strengthening Arcot Tindivanam Road (SH5) and Thiruvathipuram Bypass Road.\u00a0<\/strong><\/p><p><strong>Including construction of a Major Bridge, Reconstruction and Widening of Culverts, Construction of Drain, Retaining wall, Bus Lay Bay, and Paver Blocks in the state Highways Department and the work order should be executed by 31st August 2025.\u00a0<\/strong><\/p><div class=\"trade-content_5\" id=\"trade-3736860316\"><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>In Addition, it has received another work order for a consideration of Rs. 10.08 from NTPC Tamilnadu Energy Company Limited for the Lifting and trading of 8,00,000 MT of Wet ash from NTECL Vallur TPS and it should be executed within 15 days from the date of award.&nbsp;<\/p><p>Constronics Infra Limited is engaged in the business of various construction and infrastructure projects and trading in materials for construction and other purposes.&nbsp;<\/p><p>Its revenue from operations declined by 16.66 percent from Rs. 18 Lakhs to Rs. 15 Lakhs accompanied by profits of Rs. 7 Lakhs to Rs. 5 Lakhs.&nbsp;<\/p><p>It has reported a return on equity (ROE) of 27.3 percent, a return on capital employed (ROCE) of 10.3 percent, and a debt-to-equity ratio of 2.50.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S\u00a0<\/strong><\/p><\/blockquote><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 <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> 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-1815930801\"><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>Penny stock engaged in the business of various construction and infrastructure projects and trading in materials for construction hits a 2 percent upper circuit upon receiving multiple work orders for Rs. 65.25 Crores&nbsp; With a market capitalization of Rs. 38 Crores the shares of Constronics Infra Limited hit a 2 percent upper circuit at Rs. [&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":[31,13525],"tags":[],"class_list":["post-123808","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>Penny stock hits upper circuit after company received work order worth \u20b9 65.25 Cr - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Penny stock engaged in the business of various construction and infrastructure projects and trading in materials for construction hits a 2 percent upper circuit upon receiving multiple work orders for Rs. 65.25 Crores\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\/penny-stock-hits-upper-circuit-after-company-received-work-order-worth-65-25-cr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Penny stock hits upper circuit after company received work order worth \u20b9 65.25 Cr\" \/>\n<meta property=\"og:description\" content=\"Penny stock engaged in the business of various construction and infrastructure projects and trading in materials for construction hits a 2 percent upper circuit upon receiving multiple work orders for Rs. 65.25 Crores\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/penny-stock-hits-upper-circuit-after-company-received-work-order-worth-65-25-cr\/\" \/>\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=\"2024-05-08T07:24:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-08T08:00:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/04\/construction-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\/penny-stock-hits-upper-circuit-after-company-received-work-order-worth-65-25-cr\/\",\"url\":\"https:\/\/tradebrains.in\/features\/penny-stock-hits-upper-circuit-after-company-received-work-order-worth-65-25-cr\/\",\"name\":\"Penny stock hits upper circuit after company received work order worth \u20b9 65.25 Cr - 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