{"id":134812,"date":"2024-09-30T12:56:52","date_gmt":"2024-09-30T07:26:52","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=134812"},"modified":"2024-09-30T12:59:45","modified_gmt":"2024-09-30T07:29:45","slug":"tata-group-stock-jumps-4-after-receiving-order-from-deepak-nitrite","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-after-receiving-order-from-deepak-nitrite\/","title":{"rendered":"Tata group stock jumps 4% after receiving order from Deepak Nitrite"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3307818895\"><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>Tata Group stock engaged in offering engineering, manufacturing, construction, and other EPC services jumped upto 4 percent in the day\u2019s trade upon receiving a new work order worth Rs. 11.50 Crores from Deepak Nitrite Limited.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-89540970\"><!-- 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. 668 Crores, the shares of <strong>Artson Engineering Limited<\/strong> were trading at Rs. 181.20 per equity share, down 0.69 percent from its previous day\u2019s close price of Rs. 182.45.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>Artson Engineering Limited has received a new work order from Deepak Nitrite Limited for the Manufacture &amp; Supply of 4 Nos. of Anhydrous Ammonia Storage Tanks for a consideration of Rs. 11.50 Crores and it should be executed by 32 weeks.&nbsp;<\/p><p>In Addition, it has recently received a work order from Hindalco Industries Limited for providing Engineering, Civil Works, Supply, and Fabrication work of its 3rd Coke Silos for a consideration of Rs. 33.33 Crores and it is to be executed in 18 months.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3735733462\"><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>Tata Group Stake&nbsp;<\/strong><\/h2><p>Tata Projects Limited is the promoter of Artson Engineering Limited and as of Q1FY25, it holds a 75 percent stake in the company consisting of ~2.77 Crore shares.&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\/transformer-stock-hits-5-upper-circuit-after-it-forays-into-renewable-energy-sector\/\" target=\"_blank\" rel=\"noreferrer noopener\">Transformer stock hits 5% upper circuit after it forays into renewable energy sector<\/a><\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Artson Engineering Limited is an engineering, manufacturing, and construction (EMC) contracting company. It offers a range of services, such as design and engineering, steel structure fabrication management, and capital repairs and upgrades. Its design and engineering service includes sizing of pumps, pipes, utilities, stress analysis, piping layouts, and isometrics.&nbsp;<\/p><p>It has a diversified range of businesses from process equipment manufacturing for oil and gas, petrochemicals, power, and metallurgy industry to construction of bulk liquid storage farms, industrial piping, structure fabrication, marine platform construction, plant repair, and other industrial services.&nbsp;<\/p><p>Its Revenue from operations declined by 40 percent from Rs. 41.89 Crores in Q1FY24 to Rs. 24.97 Crores in Q1FY25, accompanied by profits of Rs. 1.03 Crores to a loss of Rs. 49 Lakhs.&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\/defence-stock-jumps-after-company-forms-jv-with-israel-aerospace-industries\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence stock jumps after company forms JV with Israel Aerospace Industries<\/a>\u00a0<\/strong><\/p><\/blockquote><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 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-3219272375\"><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>Tata Group stock engaged in offering engineering, manufacturing, construction, and other EPC services jumped upto 4 percent in the day\u2019s trade upon receiving a new work order worth Rs. 11.50 Crores from Deepak Nitrite Limited.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 668 Crores, the shares of Artson Engineering Limited were trading at Rs. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97563,"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":[22990,9964,19267,9963,948,936,2597,9965],"class_list":["post-134812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-artson-engineering","tag-artson-engineering-latest-news","tag-artson-engineering-new-order","tag-artson-engineering-share-price","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch","tag-why-is-artson-engineering-share-going-up"],"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>Tata group stock jumps 4% after receiving order from Deepak Nitrite - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Tata Group stock engaged in offering engineering, manufacturing, construction, and other EPC services jumped upto 4 percent in the day\u2019s trade upon receiving a new work order worth Rs. 11.50 Crores from Deepak Nitrite Limited.\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\/tata-group-stock-jumps-4-after-receiving-order-from-deepak-nitrite\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tata group stock jumps 4% after receiving order from Deepak Nitrite\" \/>\n<meta property=\"og:description\" content=\"Tata Group stock engaged in offering engineering, manufacturing, construction, and other EPC services jumped upto 4 percent in the day\u2019s trade upon receiving a new work order worth Rs. 11.50 Crores from Deepak Nitrite Limited.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-after-receiving-order-from-deepak-nitrite\/\" \/>\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=\"2024-09-30T07:26:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-30T07:29:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/tata-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\/tata-group-stock-jumps-4-after-receiving-order-from-deepak-nitrite\/\",\"url\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-jumps-4-after-receiving-order-from-deepak-nitrite\/\",\"name\":\"Tata group stock jumps 4% after receiving order from Deepak Nitrite - 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