{"id":128893,"date":"2024-07-18T14:01:26","date_gmt":"2024-07-18T08:31:26","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=128893"},"modified":"2024-07-18T14:09:09","modified_gmt":"2024-07-18T08:39:09","slug":"vijay-kedia-stock-jumps-5-after-receiving-order-worth-45-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/vijay-kedia-stock-jumps-5-after-receiving-order-worth-45-cr\/","title":{"rendered":"Vijay Kedia stock jumps 5% after receiving order worth \u20b9 45 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2990306865\"><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>Stock held by Vijay Kedia engaged in the business of designing, engineering, fabricating, supplying, and installing facade systems jumped 5 percent in the day\u2019s trade upon receiving a new work order worth Rs. 45 Crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1373943514\"><!-- 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><strong>Price Action&nbsp;<\/strong><\/p><p>With a market capitalization of Rs. 443 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/541353\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Innovators Facade Systems Limited<\/a><\/strong> were trading at Rs. 234.95 per equity share, down 0.11 percent from the previous day\u2019s close price of Rs. 234.95.\u00a0<\/p><p><strong>What Happened&nbsp;<\/strong><\/p><div class=\"trade-content_5\" id=\"trade-3984056353\"><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>Innovators Facade Systems Limited has received a new work order from K. Raheja Corp Private Limited for its Tower B- Modern Mill project, for the Design, Development, Supply, Fabrication, and Installation of Fagade Window Works for a consideration of Rs. 45.17 Crores and it should be executed within 2 years.\u00a0<\/p><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=\"qHROybg16u\"><a href=\"https:\/\/tradebrains.in\/features\/stocks-under-200-in-which-dolly-khanna-bought-stake-in-the-companies\/\">Stocks under \u20b9 200 in which Dolly Khanna bought stake<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Stocks under \u20b9 200 in which Dolly Khanna bought stake&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/stocks-under-200-in-which-dolly-khanna-bought-stake-in-the-companies\/embed\/#?secret=r9RumLsVnS#?secret=qHROybg16u\" data-secret=\"qHROybg16u\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><p><strong>Ace Investor Holding&nbsp;<\/strong><\/p><p>As of Q4FY24 Ace Investor Vijay Kedia holds a 10.66 percent stake in the company, consisting of 20.10 Lakh equity shares. He took a fresh position in the company in June 2018 by purchasing a 7.59 percent stake consisting of 14.31 lakh equity shares.&nbsp;<\/p><p><strong>About the Company&nbsp;<\/strong><\/p><p>Innovators Facade Systems Limited is engaged in the business of designing, engineering, fabricating, supplying, and installation of facade systems. It operates in various sectors, including facade, fenestration, and pharmaceutical cleanroom solutions.&nbsp;<\/p><p><strong>Financials and Ratios&nbsp;<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-1647307721\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\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>Its revenue from operations grew by 18.73 percent from Rs. 181 Crores in FY23 to Rs. 215 Crores in FY24, accompanied by profits of Rs. 8 Crores to Rs. 15 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 11.7 percent, and a return on capital employed (ROCE) of 16.8 percent. It has reported a debt-to-equity ratio of 0.30.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Written by: Bharath K.S&nbsp;<\/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-4157762376\"><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>Stock held by Vijay Kedia engaged in the business of designing, engineering, fabricating, supplying, and installing facade systems jumped 5 percent in the day\u2019s trade upon receiving a new work order worth Rs. 45 Crores.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 443 Crores, the shares of Innovators Facade Systems Limited were trading at [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":39466,"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":[18677,11373,948,936,4836,20630],"class_list":["post-128893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-innovators-facade-systems-latest-news","tag-innovators-facade-systems-share-price","tag-stock-market","tag-stock-market-news","tag-vijay-kedia-stock","tag-why-is-innovators-facade-systems-share-price-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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