{"id":134665,"date":"2024-09-27T14:28:06","date_gmt":"2024-09-27T08:58:06","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=134665"},"modified":"2024-09-27T14:28:09","modified_gmt":"2024-09-27T08:58:09","slug":"stock-hits-5-upper-circuit-after-receiving-order-from-govt-of-maha-punjab-and-bihar-tourism","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-hits-5-upper-circuit-after-receiving-order-from-govt-of-maha-punjab-and-bihar-tourism\/","title":{"rendered":"Stock hits 5% upper circuit after receiving order from Govt of Maha, Punjab, and Bihar Tourism\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3515805045\"><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 one of the leading integrated marketing, advertising, and communications agencies hit a 5 percent upper circuit in the day\u2019s trade upon receiving a new work order worth Rs. 16 Crores, from the Govt of Maharashtra, Punjab, and Bihar Tourism.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-722836833\"><!-- 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>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 154 Crores, the shares of Graphisads Limited hit a 5 percent upper circuit at Rs. 83.95 per equity share, from its previous day\u2019s close price of Rs. 81.75.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>Graphisads Limited and its wholly-owned subsidiary Spike Advertising Private Limited have received multiple work orders from the Government of Maharashtra, the Government of Punjab, and Bihar Tourism for outdoor advertising projects across multiple states for a consideration of Rs. 16 Crores.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Graphisads Limited is an integrated marketing, advertising, and communications agency providing a wide range of solutions. It offers a high-end ecosystem and end-to-end ad-tech communication solutions platform for advertising media services consisting of Brand Strategy, Communication Strategy, Creative Services, Media Planning, Media Buying, and Media Release services.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2354338378\"><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>It covers advertisement modes such as Newspapers, Magazines, Digital Media, Brochures Printing, Radio, TV, Events and exhibitions, display of Outdoor Hoardings, Digital screens, and street furniture.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials &amp; Ratios&nbsp;<\/strong><\/h2><p>Its revenue from operations grew by 14.48 percent from Rs. 98 Crores in FY23 to Rs. 113 Crores in FY24, accompanied by profits of Rs. 6 Crores to Rs. 4 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 5.14 percent and a return on capital employed (ROCE) of 11.7 percent. In terms of liquidity ratios, it has reported a debt-to-equity ratio of 0.09.&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><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-1414665342\"><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 one of the leading integrated marketing, advertising, and communications agencies hit a 5 percent upper circuit in the day\u2019s trade upon receiving a new work order worth Rs. 16 Crores, from the Govt of Maharashtra, Punjab, and Bihar Tourism.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 154 Crores, the shares of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":28546,"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":[17576,22958,17575,948,936,22959],"class_list":["post-134665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-graphisads-latest-news","tag-graphisads-new-order","tag-graphisads-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-graphisads-share-price-increasing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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