{"id":129343,"date":"2024-07-24T13:32:41","date_gmt":"2024-07-24T08:02:41","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=129343"},"modified":"2024-07-24T14:16:44","modified_gmt":"2024-07-24T08:46:44","slug":"2-stocks-jump-after-receiving-work-orders-worth-up-to-15-cr-check-the-details","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/2-stocks-jump-after-receiving-work-orders-worth-up-to-15-cr-check-the-details\/","title":{"rendered":"2 Stocks jump after receiving work orders worth up to \u20b9 15 Cr; Check the details"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-190397552\"><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>Listed below are some of the stocks in focus that have received new work orders in the day\u2019s trade for a consideration of upto Rs. 15 Crores that will improve their operations and profitability.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1523926539\"><!-- 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>Oriana Power&nbsp;<\/strong><\/h2><h3 class=\"wp-block-heading\"><strong>About the Company&nbsp;<\/strong><\/h3><p>Oriana Power Limited is engaged in providing a wide range of solar energy solutions to industrial and commercial customers. Its solutions include floating solar panels, rooftop solar, hydrogen electrolyzers, and many more.&nbsp;<\/p><h3 class=\"wp-block-heading\"><strong>Price Action&nbsp;<\/strong><\/h3><p>With a market capitalization of Rs. 4,022 Crores, the shares of Oriana Power Limited were trading at Rs. 2,097 per equity share, up 1 percent from the previous day\u2019s close price of Rs. 2,077.80.&nbsp;<\/p><h3 class=\"wp-block-heading\"><strong>What Happened&nbsp;<\/strong><\/h3><p>Oriana Power Limited has received a new work order from a Tyre Company in Gwalior for the Engineering, Procurement, and Construction (EPC), commissioning, operation, and maintenance of a 4MWp Solar Power Plant for a consideration of Rs. 15 Crores, the work should be executed within 9 months and the operation and maintenance is for 15 years.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3879139332\"><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><h3 class=\"wp-block-heading\"><strong>Financials and Ratios&nbsp;<\/strong><\/h3><p>Its Revenue from Operations grew by 181 percent from Rs. 136 Crores in FY23 to Rs. 383 Crores in FY24, accompanied by profits of Rs. 11 Crores to Rs. 54 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity(ROE) of 169 percent and a return on capital employed (ROCE) of 79.4 percent. It has reported a debt-to-equity ratio of 1.26.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Dev Information Technology&nbsp;<\/strong><\/h2><h3 class=\"wp-block-heading\"><strong>About the Company&nbsp;<\/strong><\/h3><p>Dev Information Technology Limited is in the business of providing IT-enabled Technology Solutions Provider which delivers Digital Transformation leveraging Cloud, Automation, and Data technologies&nbsp;<\/p><h3 class=\"wp-block-heading\"><strong>Price Action&nbsp;<\/strong><\/h3><p>With a market capitalization of Rs. 311.41 Crores, the shares of Dev Information Technology Limited were trading at Rs. 138.50 per equity share, up 0.80 percent from the previous day\u2019s close price of Rs. 137.40.&nbsp;<\/p><h3 class=\"wp-block-heading\"><strong>What Happened&nbsp;<\/strong><\/h3><p>Dev Information Technology Limited has secured a new work order for a consideration of Rs. 5 Crores for the Operation, Maintenance, and Enhancement of the RAJKISAN SATHI Portal for a period of One Year.&nbsp;<\/p><p>This is for the enhancement, Operation &amp; Maintenance of a Single Window (Integrated) portal for citizen-centric services and DBT of individual beneficiary Schemes of Agriculture, Horticulture, RSAMB, RSSC, and Marketing Board.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-980483881\"><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><h3 class=\"wp-block-heading\"><strong>Financials and Ratios&nbsp;<\/strong><\/h3><p>Its Revenue from Operations grew by 31.75 percent from Rs. 124 Crores in FY23 to Rs. 164 Crores in FY24, accompanied by profits of Rs. 9 Crores in both the years.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity(ROE) of 19.2 percent and a return on capital employed (ROCE) of 22.8 percent. It has reported a debt-to-equity ratio of 0.26.&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-2667896598\"><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>Listed below are some of the stocks in focus that have received new work orders in the day\u2019s trade for a consideration of upto Rs. 15 Crores that will improve their operations and profitability.\u00a0 Oriana Power&nbsp; About the Company&nbsp; Oriana Power Limited is engaged in providing a wide range of solar energy solutions to industrial [&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":[4865,31,13525],"tags":[],"class_list":["post-129343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"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>2 Stocks jump after receiving work orders worth up to \u20b9 15 Cr; 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