{"id":128633,"date":"2024-07-15T14:46:47","date_gmt":"2024-07-15T09:16:47","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=128633"},"modified":"2024-07-15T14:52:06","modified_gmt":"2024-07-15T09:22:06","slug":"stock-jumps-3-after-receiving-work-order-from-reliance-owned-company","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-3-after-receiving-work-order-from-reliance-owned-company\/","title":{"rendered":"Stock jumps 3% after receiving work order from Reliance-owned company\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1197213268\"><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 stock engaged in trading various kinds of rubber components like rubber profiles, aluminum rubber profiles, automobile rubber profiles, and many more jumped 3 percent in the day\u2019s trade upon receiving a new work order from a Reliance Group-owned Company.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1445364319\"><!-- 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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 210 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/GRCL\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Gayatri Rubbers and Chemicals Limited<\/a><\/strong> were trading at Rs. 365 per equity share, up 2.6 percent from its previous day\u2019s close price of Rs. 355.55. It has delivered a multi-bagger return of 652 percent in a year.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>Gayatri Rubbers and Chemicals Limited has received a new work order from Sintex &#8211; BAPL Limited for the Manufacturing and Supply of Neoprene Rubber Gaskets for a consideration of Rs. 10.76 Lakhs and the work order should be executed by August 30, 2024.&nbsp;<\/p><h2 class=\"wp-block-heading\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Gayatri Rubbers and Chemicals Limited is engaged in the business of manufacturing and trading rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, various kinds of rubber components, and clear polyvinyl chloride (PVC) profiles.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-820140355\"><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><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also read<\/strong><\/p><\/blockquote><figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"R8x6D1icbT\"><a href=\"https:\/\/tradebrains.in\/features\/stock-hits-5-upper-circuit-after-it-launches-4-new-ai-powered-robots-for-global-defence-market\/\">Stock hits 5% upper circuit after it launches 4 new AI-powered robots for global defence market<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Stock hits 5% upper circuit after it launches 4 new AI-powered robots for global defence market&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/stock-hits-5-upper-circuit-after-it-launches-4-new-ai-powered-robots-for-global-defence-market\/embed\/#?secret=49PkO3ExjN#?secret=R8x6D1icbT\" data-secret=\"R8x6D1icbT\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials and Ratios&nbsp;<\/strong><\/h2><p>Its revenue from operations grew by 9.91 percent from Rs. 22.21 Crores in FY23 to Rs. 24.41 Crores in FY24, accompanied by profits of Rs. 0.91 Crores to Rs. 1.56 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 16.1 percent, and a return on capital employed (ROCE) of 24.8 percent. It has reported a debt-to-equity ratio of 0.05.&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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Disclaimer<\/strong><\/h2><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-2730968178\"><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 stock engaged in trading various kinds of rubber components like rubber profiles, aluminum rubber profiles, automobile rubber profiles, and many more jumped 3 percent in the day\u2019s trade upon receiving a new work order from a Reliance Group-owned Company.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 210 Crores, the shares of Gayatri Rubbers [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24849,"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":[20513,20514,12261,948,936],"class_list":["post-128633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-gayatri-rubbers-and-chemicals-latest-news","tag-gayatri-rubbers-and-chemicals-order-from-reliance","tag-gayatri-rubbers-and-chemicals-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) - 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