{"id":133732,"date":"2024-09-17T16:41:23","date_gmt":"2024-09-17T11:11:23","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=133732"},"modified":"2024-09-17T17:02:13","modified_gmt":"2024-09-17T11:32:13","slug":"infra-stock-jumps-5-after-receiving-work-order-worth-12-58-cr-from-nalco","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-5-after-receiving-work-order-worth-12-58-cr-from-nalco\/","title":{"rendered":"Infra stock jumps 5% after receiving work order worth \u20b9 12.58 Cr from NALCO"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2160627864\"><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 engineering company rose to an intraday high of Rs. 187.45 from a day low of Rs. 175.10 in NSE after receiving an order worth Rs.12.58 crores from National Aluminium Company Limited.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3742925056\"><!-- 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>With a market capitalization of 261.01 crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/KONSTELEC\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Konstelec Engineers Limited<\/a> <\/strong>closed at Rs. 180.90 per share increasing above 1.5% as compared to the closing price of Rs. 178.15 per share on monday.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Reason for rise:&nbsp;<\/strong><\/h2><p>The movement in Tuesday&#8217;s session was observed after Konstelec Engineers Limited received an order amounting to Rs. 12.58 Crores from National Aluminium Company Limited (NALCO) for Instrumentation work.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also Read: <a href=\"https:\/\/tradebrains.in\/features\/stocks-to-buy-6-stocks-to-buy-now-for-an-upside-of-up-to-100\/\" target=\"_blank\" rel=\"noreferrer noopener\">Stocks to Buy: 6 Stocks to buy now for an upside of up to 100%<\/a><\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financial Performance:&nbsp;<\/strong><\/h2><p>For the year ended 31st march 2024, the company reported an increase of 17.99 % in net profit where it rose to Rs. 8.92 crores from Rs. 7.78 crores in the year 2023. Revenue from operations also rose by 40% to Rs. 215.32 crores from Rs. 153.4 crores in the same period. The company also has institutional investors as their shareholders where FIIs &amp; DIIs collectively hold about 4.14%.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2403396501\"><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>Recent Orders:&nbsp;<\/strong><\/h2><p>Recently in September 2024, Konstelec Engineers Limited received an amounting to Rs. 6.99 crores order from Talcher Fertilizers Limited for the supply cum erection of electrical works in Odisha.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company:&nbsp;<\/strong><\/h2><p>Incorporated in 1995 Konstelec Engineers Limited has a presence in the field of engineering, material procurement for construction, system maintenance and optimization, project management and construction. The company provides services to big names in India like Adani, NBCC, Reliance Infocom and manages other Indian and foreign projects too.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By: Joseph Pv&nbsp;<\/strong><\/p><\/blockquote><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also Read: <a href=\"https:\/\/tradebrains.in\/features\/defence-stock-hits-5-upper-circuit-after-receiving-manufacturing-license-from-govt-for-defence-products\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence stock hits 5% upper circuit after receiving manufacturing license for defence products<\/a><\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" 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-3760346197\"><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 engineering company rose to an intraday high of Rs. 187.45 from a day low of Rs. 175.10 in NSE after receiving an order worth Rs.12.58 crores from National Aluminium Company Limited.&nbsp; With a market capitalization of 261.01 crores, the shares of Konstelec Engineers Limited closed at Rs. 180.90 per share increasing [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97461,"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":[22616,19016,22617,22618,19015,948,936,2597],"class_list":["post-133732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-konstelec-engineers","tag-konstelec-engineers-latest-news","tag-konstelec-engineers-order","tag-konstelec-engineers-order-from-nalco","tag-konstelec-engineers-share-price","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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