{"id":130125,"date":"2024-08-02T13:37:54","date_gmt":"2024-08-02T08:07:54","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=130125"},"modified":"2024-08-02T13:42:39","modified_gmt":"2024-08-02T08:12:39","slug":"2-stocks-in-focus-after-receiving-orders-of-up-to-28-50-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/2-stocks-in-focus-after-receiving-orders-of-up-to-28-50-cr\/","title":{"rendered":"2 Stocks in focus after receiving orders of up to \u20b9 28.50 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-735980136\"><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>On Friday\u2019s trading session, Indian stock market benchmarks, the Sensex and the Nifty 50, each plunged 1 percent in early trade due to an across-the-board selloff amid weak global cues.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3562053897\"><!-- 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>The Nifty 50 opened at 24,789, compared to its previous close of 25,010.90, and quickly declined 1 percent to 24,751.10. Similarly, the Sensex opened at 81,158.99, down from its previous close of 81,867.55, and fell nearly 1 percent to 81,084.77.&nbsp;<\/p><p><strong>Listed below are the companies that received orders of upto Rs. 28.50 crores:\u00a0<\/strong><\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/ARSSINFRA\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">ARSS Infrastructure Projects Ltd\u00a0<\/a><\/strong><\/h2><p>With a market capitalization of Rs. 43.7 crores, the shares of this infrastructure company started Friday\u2019s trading session higher note at Rs. 20.48, gaining around 2 percent compared to its previous close of Rs. 19.51 and are currently trading at Rs. 19.50 apiece.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2529605050\"><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>According to the exchange filing, the company received a work order of over Rs. 20.25 crores from its joint venture company SCPL-ARSS (JV). The project involves executing various tasks for the Koraput-Singapur Road Doubling Project.&nbsp;<\/p><p>The project includes fabricating and installing structural and elastomeric bearings, composite girders, and associated steelworks.&nbsp;<\/p><p>As per the latest financial statements, the revenue increased by around 10 percent from Rs. 68 crores during the September quarter to Rs. 75 crores in the December quarter.&nbsp;<\/p><p>On the other hand, the net profits showcased a transition from a net profit of Rs. 2 crores to a net loss of Rs. 22 crores during the same timeframe. The company is yet to release the results for the March quarter.&nbsp;<\/p><p>Incorporated in 2000, ARSS Infrastructure Projects Ltd is in the business of project execution for various civil and infrastructure projects.&nbsp;<\/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=\"ci9LINLhPZ\"><a href=\"https:\/\/tradebrains.in\/features\/chemical-stock-hits-upper-circuit-after-announcing-51-stock-split-and-100-yoy-increase-in-net-profits\/\">Chemical stock hits upper circuit after announcing 5:1 stock split\u00a0and 100% YoY increase in net profits<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Chemical stock hits upper circuit after announcing 5:1 stock split\u00a0and 100% YoY increase in net profits&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/chemical-stock-hits-upper-circuit-after-announcing-51-stock-split-and-100-yoy-increase-in-net-profits\/embed\/#?secret=RZxekOgl3i#?secret=ci9LINLhPZ\" data-secret=\"ci9LINLhPZ\" 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><a href=\"https:\/\/portal.tradebrains.in\/stock\/KONSTELEC\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Konstelec Engineers Ltd\u00a0<\/a><\/strong><\/h2><p>With a market capitalization of Rs. 278 crores, the shares of this engineering company started Friday\u2019s trading session on a flatter note at Rs. 182.50 compared to its previous close of Rs. 182.10. During the trading session, the shares hit a high of Rs. 187.90, gaining around 3 percent and are currently trading at Rs. 184 apiece.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-2161916372\"><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>Such a bullish movement in the share price was observed after the company in an exchange filing announced that it had been awarded an order worth Rs. 28.50 crores for Electrical and Instrumentation work from Arcelor Mittal Nippon Steel India Limited at Surat, Gujarat. The work is scheduled to be executed within 18 months from the date of the LOI.&nbsp;<\/p><p>Looking at the company\u2019s financial statements, the revenue jumped by 41 percent from Rs. 153 crores during FY22-23 to Rs. 215 crores in FY23-24. In addition, the net profits increased by around 13 percent from Rs. 8 crores to Rs. 9 crores during the same period.&nbsp;<\/p><p>Incorporated in December 1995, Konstelec Engineers Limited is in the business of Engineering, Procurement, and Construction\/ Commissioning (EPC) contractors and is engaged in the business of offering a full range of EPC services in India and abroad.&nbsp;<\/p><p><strong>Written By Vaibhav Patil<\/strong><\/p><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-1652050981\"><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>On Friday\u2019s trading session, Indian stock market benchmarks, the Sensex and the Nifty 50, each plunged 1 percent in early trade due to an across-the-board selloff amid weak global cues.&nbsp; The Nifty 50 opened at 24,789, compared to its previous close of 25,010.90, and quickly declined 1 percent to 24,751.10. Similarly, the Sensex opened at [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13572,"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":[21120,19015,948,936,3157],"class_list":["post-130125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-arss-infrastructure-share-price","tag-konstelec-engineers-share-price","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) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2 Stocks in focus after receiving orders of up to \u20b9 28.50 Cr - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Friday\u2019s trading session, Indian stock market benchmarks, the Sensex and the Nifty 50, each plunged 1 percent in early trade due to an across-the-board selloff amid weak global cues.\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\/2-stocks-in-focus-after-receiving-orders-of-up-to-28-50-cr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2 Stocks in focus after receiving orders of up to \u20b9 28.50 Cr\" \/>\n<meta property=\"og:description\" content=\"On Friday\u2019s trading session, Indian stock market benchmarks, the Sensex and the Nifty 50, each plunged 1 percent in early trade due to an across-the-board selloff amid weak global cues.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/2-stocks-in-focus-after-receiving-orders-of-up-to-28-50-cr\/\" \/>\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=\"2024-08-02T08:07:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-02T08:12:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-up-2-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\/2-stocks-in-focus-after-receiving-orders-of-up-to-28-50-cr\/\",\"url\":\"https:\/\/tradebrains.in\/features\/2-stocks-in-focus-after-receiving-orders-of-up-to-28-50-cr\/\",\"name\":\"2 Stocks in focus after receiving orders of up to \u20b9 28.50 Cr - 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