{"id":129338,"date":"2024-07-24T13:14:41","date_gmt":"2024-07-24T07:44:41","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=129338"},"modified":"2024-07-24T13:14:45","modified_gmt":"2024-07-24T07:44:45","slug":"solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/","title":{"rendered":"Solar stock hits 5% upper circuit after it receives order from HPCL"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2523926680\"><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>The shares of this midcap company hit 5 percent upper circuit of Rs 442.25 per share after the company received a new order from Hindustan Petroleum Corporation Limited worth Rs 29 lacs.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1558618815\"><!-- 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><a href=\"https:\/\/portal.tradebrains.in\/stock\/543941\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Ahasolar Technologies Ltd<\/a><\/strong> has a market capitalization of Rs 143.13 crore, the shares were trading at Rs 464.35 per share, increasing around 5 percent as compared to the previous closing price of Rs 442.25 apiece.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Reason for rise:-&nbsp;<\/strong><\/h2><p>According to the company filing, Ahasolar Technologies Ltd received a new order from Hindustan Petroleum Corporation Limited worth Rs 29 lacs for Project Management Services for Solar Plants in Gujarat and Site Supervision Services. The time period to execute the contract is one year.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financial Analysis:-&nbsp;<\/strong><\/h2><p>Looking forward to the company&#8217;s financials, Ahasolar Technologies Ltd.&#8217;s revenue magnified by 126 percent from Rs 12.89 Crore in H1FY24 to 29.16 Crore in H2FY24. During the same period, net profits zoomed by 205 percent from a loss of Rs 0.77 crore to a profit of Rs 0.81 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3149751519\"><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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Customer Base:-&nbsp;<\/strong><\/h2><p>The company has a strong customer base that involves government institutions and well-known players like, Adani Renewables, Asian Development Bank, BPCL, Deloitte, Coal India, EY, and many more.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Ratio analysis:-&nbsp;<\/strong><\/h2><p>The company&#8217;s critical ratios show that the return on equity decreased from 159 percent in FY21-22 to 65.71 percent in FY22-23, while the return on capital employed decreased from 120 percent to 56.53 percent. The net profit margin (NPM) for fiscal year 22-23 is 7.67 percent.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Shareholding pattern:-&nbsp;<\/strong><\/h2><p>In the company\u2019s recent shareholding pattern, the Promoters of the company own 36.95 percent while Retail shareholders own a 63.05 percent stake in the company, and Foreign Institutional Investors own a 0 percent stake.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Company profile:-&nbsp;<\/strong><\/h2><p>Ahasolar Technologies Limited is a software-as-a-service (SaaS) platform that helps solar firms streamline operations, design photovoltaic (PV), manage projects, and monitor generation. It also includes an integrated marketplace that connects demand and supply digitally.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/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-502086719\"><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>The shares of this midcap company hit 5 percent upper circuit of Rs 442.25 per share after the company received a new order from Hindustan Petroleum Corporation Limited worth Rs 29 lacs.&nbsp; Ahasolar Technologies Ltd has a market capitalization of Rs 143.13 crore, the shares were trading at Rs 464.35 per share, increasing around 5 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":19789,"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":[11924,20429,11923,20805,948,936],"class_list":["post-129338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-ahasolar-technologies-latest-news","tag-ahasolar-technologies-new-order","tag-ahasolar-technologies-share-price","tag-solar-stock","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) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solar stock hits 5% upper circuit after it receives order from HPCL - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of this midcap company hit 5 percent upper circuit of Rs 442.25 per share after the company received a new order from Hindustan Petroleum Corporation Limited worth Rs 29 lacs.\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\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solar stock hits 5% upper circuit after it receives order from HPCL\" \/>\n<meta property=\"og:description\" content=\"The shares of this midcap company hit 5 percent upper circuit of Rs 442.25 per share after the company received a new order from Hindustan Petroleum Corporation Limited worth Rs 29 lacs.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/\" \/>\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=\"2024-07-24T07:44:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-24T07:44:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/HPCL-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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/\",\"url\":\"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/\",\"name\":\"Solar stock hits 5% upper circuit after it receives order from HPCL - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/HPCL-Cover-Image.jpg\",\"datePublished\":\"2024-07-24T07:44:41+00:00\",\"dateModified\":\"2024-07-24T07:44:45+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The shares of this midcap company hit 5 percent upper circuit of Rs 442.25 per share after the company received a new order from Hindustan Petroleum Corporation Limited worth Rs 29 lacs.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/HPCL-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/HPCL-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Solar stock hits 5% upper circuit after it receives order from HPCL\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Solar stock hits 5% upper circuit after it receives order from HPCL - Trade Brains Features","description":"The shares of this midcap company hit 5 percent upper circuit of Rs 442.25 per share after the company received a new order from Hindustan Petroleum Corporation Limited worth Rs 29 lacs.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/","og_locale":"en_US","og_type":"article","og_title":"Solar stock hits 5% upper circuit after it receives order from HPCL","og_description":"The shares of this midcap company hit 5 percent upper circuit of Rs 442.25 per share after the company received a new order from Hindustan Petroleum Corporation Limited worth Rs 29 lacs.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-07-24T07:44:41+00:00","article_modified_time":"2024-07-24T07:44:45+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/HPCL-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/","url":"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/","name":"Solar stock hits 5% upper circuit after it receives order from HPCL - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/HPCL-Cover-Image.jpg","datePublished":"2024-07-24T07:44:41+00:00","dateModified":"2024-07-24T07:44:45+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The shares of this midcap company hit 5 percent upper circuit of Rs 442.25 per share after the company received a new order from Hindustan Petroleum Corporation Limited worth Rs 29 lacs.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/HPCL-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/HPCL-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-it-receives-order-from-hpcl\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Solar stock hits 5% upper circuit after it receives order from HPCL"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/129338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=129338"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/129338\/revisions"}],"predecessor-version":[{"id":129340,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/129338\/revisions\/129340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/19789"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=129338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=129338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=129338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}