{"id":124106,"date":"2024-05-13T13:47:07","date_gmt":"2024-05-13T08:17:07","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=124106"},"modified":"2024-05-13T14:32:20","modified_gmt":"2024-05-13T09:02:20","slug":"stock-jumps-4-after-company-receives-work-orders-worth-33-73-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-4-after-company-receives-work-orders-worth-33-73-cr\/","title":{"rendered":"Stock jumps 4% after company receives work orders worth \u20b9 33.73 Cr\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2418963868\"><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>Multibagger Engineering stock engaged in designing, manufacturing, and commissioning customized equipment and systems, with Tata, Reliance, Pepsi, and many well-known companies as its customers jumps 4 percent in the day\u2019s trade upon receiving work orders worth Rs. 33.73 Crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1118679679\"><!-- 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. 1,382 Crores, the shares of <strong>Kilburn Engineering Limited<\/strong> were trading at Rs. 367.95, up 3.91 percent from its previous day\u2019s close price of Rs. 354.10. It has delivered multibagger returns of 190 percent in a year.\u00a0<\/p><p><strong>Kilburn Engineering Limited has announced that from its previous disclosure on April 29, 2024, till date it has received orders worth Rs. 33.73 Crores for the supply of Fluid Bed Dryers, Rotary Dryers, Air Preheaters and Pelletizers\u00a0<\/strong><\/p><p>Kilburn Engineering Limited is primarily engaged in designing, manufacturing, and commissioning customized equipment and systems.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1758030291\"><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>It has diversified offerings and bespoke solutions like Customized Industrial Drying Systems, Customized Package Systems, Fabricated and large critical equipment, and Standard Products related to drying catering to sectors like Chemical, Steel, Nuclear Power, Petrochemicals, Food Processing, and many more.&nbsp;<\/p><p>It has a strong customer base with well-known players like Pepsi, Mahindra, Tata Motors, Indian Oil, Adani Wilmar, Reliance Industries, JCB, PCBL, TVS, Hero, ONGC, and many more.&nbsp;<\/p><p>As of December 2023, it has a strong order book of Rs. 236 Crores and its breakup catering to different industrial sectors is as follows, 24.4 percent Carbon Black,18.4 percent Petrochemical, 16.9 percent Chemicals,14.9 percent Pharmaceuticals, 13.2 percent Metals, 7 percent Tea, 3.2 percent Spares and Others, 1.5 percent Fertilisers, 0.3 percent Oil &amp; Gas.&nbsp;<\/p><p>Its revenue from operations grew by 35.18 percent from Rs. 54 Crores in Q3FY23 to Rs. 73 Crores in Q3FY24, accompanied by profits of Rs. 8 Crores to Rs. 10 Crores.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><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 <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-2518577788\"><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>Multibagger Engineering stock engaged in designing, manufacturing, and commissioning customized equipment and systems, with Tata, Reliance, Pepsi, and many well-known companies as its customers jumps 4 percent in the day\u2019s trade upon receiving work orders worth Rs. 33.73 Crores.&nbsp; With a market capitalization of Rs. 1,382 Crores, the shares of Kilburn Engineering Limited were trading [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104923,"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-124106","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) - 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