{"id":124860,"date":"2024-05-24T12:59:10","date_gmt":"2024-05-24T07:29:10","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=124860"},"modified":"2024-05-24T16:03:14","modified_gmt":"2024-05-24T10:33:14","slug":"penny-stock-hits-upper-circuit-after-company-received-work-order-from-itc","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stock-hits-upper-circuit-after-company-received-work-order-from-itc\/","title":{"rendered":"Penny stock hits upper circuit after company received work order from ITC"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3354646094\"><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 trading life essentials like food, clothing, infrastructure, energy, and many more hit a 2 percent upper circuit in the day\u2019s trade upon receiving a work order worth Rs. 1.42 Crores from ITC Limited.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3798390038\"><!-- 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. 340.03 Crores, the shares of <strong>Integra Essentia Limited<\/strong> hit a 2 percent upper circuit at Rs. 3.72, from its previous day&#8217;s close price of Rs. 3.65.\u00a0<\/p><p><strong>Integra Essentia Limited has received its first-ever work order from the prestigious ITC group\u2019s Agri Division for supplying 500 MT of Rice for a consideration of Rs. 1.42 Crores and the order should be executed within 30 days. This present trial order will make way for the Company to be a long-term associate supplier with the Conglomerate&nbsp;<\/strong><\/p><p>ITC Agro Business Division is one of India\u2019s largest integrated agribusiness enterprises with a significant presence across the AgriProducts value chain. ITC Agro Business is the country\u2019s second-largest exporter of agriculture products. It currently focuses on Exports and domestic trading of Food Grains, Feed Ingredients, Processed Fruits, Coffee, and Marine Products.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-830045533\"><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>Integra Essentia Limited is engaged in the business of life essentials like food, clothing, infrastructure, energy, and many more products and services that are required to sustain modern life.&nbsp;<\/p><p>Integra Essentia Limited is committing significant investments in Food Essentials and remains focused on establishing itself as the leading player in the food industry. Besides food essentials and other businesses, it is presently emphasizing supplying bulk and specialty materials and services for the Infrastructure needs of the nation.&nbsp;<\/p><p>Marching ahead on the fast-growth track, Integra Essentia Limited recently acquired the CHATEAU INDAGE Winery, as a part of its long-term business growth strategy and to strengthen its presence in the entire supply chain spectrum of consumable goods.&nbsp;<\/p><p>Its revenue from operations grew by 38.71 percent from Rs. 67.27 Crores in Q4FY23 to Rs. 93.31 Crores in Q4FY24, accompanied by profits of Rs. 1.86 Crores to Rs. 5.92 Crores&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S&nbsp;<\/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-2221721513\"><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 trading life essentials like food, clothing, infrastructure, energy, and many more hit a 2 percent upper circuit in the day\u2019s trade upon receiving a work order worth Rs. 1.42 Crores from ITC Limited.&nbsp; With a market capitalization of Rs. 340.03 Crores, the shares of Integra Essentia Limited hit [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":21080,"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":[4865,31],"tags":[18517,10403,6291,18518,948,936,3157],"class_list":["post-124860","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","tag-integra-essentia","tag-integra-essentia-latest-news","tag-integra-essentia-limited-latest-news","tag-integra-essentia-order","tag-stock-market","tag-stock-market-news","tag-stock-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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