{"id":134850,"date":"2024-09-30T16:16:33","date_gmt":"2024-09-30T10:46:33","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=134850"},"modified":"2024-09-30T16:17:46","modified_gmt":"2024-09-30T10:47:46","slug":"stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/","title":{"rendered":"Stock under \u20b9 10 hits 5% upper circuit after being shortlisted for project under MAKE-In India\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2597966672\"><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>Shares of this micro-cap IT stock surged 5% to hit the upper circuit after being shortlisted for a project under the Make in India and Indian Design Development and Manufacturing initiatives (IDDM).&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1412391239\"><!-- 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>Share price variations:&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 155.33 crores, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/526544\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Scanpoint Geomatics Ltd<\/a> <\/strong>shares touched the 5% upper circuit of Rs. 9.24 from Friday&#8217;s close of Rs. 8.80 per share.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Reason for Rise:&nbsp;<\/strong><\/h2><p>As per the exchange filings, <strong>Scanpoint Geomatics Ltd <\/strong>has been shortlisted for a project from Indian Armed Forces under the Make In India and Indian Design Development and Manufacturing initiatives. This project aims to promote indigenous design, development, and manufacturing capabilities for the armed forces.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financial Performance:&nbsp;<\/strong><\/h2><p>For Q1FY25 the company reported a net profit increase of 104% to Rs. 0.47 crores compared to net profit of Rs. 0.23 crores in Q1FY24, while revenue from operations increased by 417% to Rs. 17.75 crores from Rs. 3.43 crores in comparison to the same period.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4222843481\"><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>The stock has delivered nearly 83% return over the past six months and a multibagger return of 114% on a year to date basis.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company:&nbsp;<\/strong><\/h2><p>Incorporated in 1992, Scanpoint Geomatics Ltd is engaged in the design and development of Indigenous Geospatial software known as IGiS (Integrated GIS and Image Processing Software) in joint development partnership with SAC-ISRO. The company also plans to include the business of coal, solar projects and EPC contracting.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By\u00a0Joseph Pv\u00a0<\/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-1238243886\"><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>Shares of this micro-cap IT stock surged 5% to hit the upper circuit after being shortlisted for a project under the Make in India and Indian Design Development and Manufacturing initiatives (IDDM).&nbsp; Share price variations:&nbsp; With a market capitalization of Rs. 155.33 crores, Scanpoint Geomatics Ltd shares touched the 5% upper circuit of Rs. 9.24 [&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":[22999,23000,22998,948,936],"class_list":["post-134850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-scanpoint-geomatics-latest-news","tag-scanpoint-geomatics-make-in-india","tag-scanpoint-geomatics-share-price","tag-stock-market","tag-stock-market-news"],"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>Stock under \u20b9 10 hits 5% upper circuit after being shortlisted for project under MAKE-In India\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of this micro-cap IT stock surged 5% to hit the upper circuit after being shortlisted for a project under the Make in India and Indian Design Development and Manufacturing initiatives (IDDM).\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\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock under \u20b9 10 hits 5% upper circuit after being shortlisted for project under MAKE-In India\u00a0\" \/>\n<meta property=\"og:description\" content=\"Shares of this micro-cap IT stock surged 5% to hit the upper circuit after being shortlisted for a project under the Make in India and Indian Design Development and Manufacturing initiatives (IDDM).\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/\" \/>\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=\"2024-09-30T10:46:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-30T10:47:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Markets-7-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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/\",\"name\":\"Stock under \u20b9 10 hits 5% upper circuit after being shortlisted for project under MAKE-In India\u00a0 - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Markets-7-Cover-Image.jpg\",\"datePublished\":\"2024-09-30T10:46:33+00:00\",\"dateModified\":\"2024-09-30T10:47:46+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"Shares of this micro-cap IT stock surged 5% to hit the upper circuit after being shortlisted for a project under the Make in India and Indian Design Development and Manufacturing initiatives (IDDM).\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Markets-7-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Markets-7-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stock under \u20b9 10 hits 5% upper circuit after being shortlisted for project under MAKE-In India\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Stock under \u20b9 10 hits 5% upper circuit after being shortlisted for project under MAKE-In India\u00a0 - Trade Brains Features","description":"Shares of this micro-cap IT stock surged 5% to hit the upper circuit after being shortlisted for a project under the Make in India and Indian Design Development and Manufacturing initiatives (IDDM).\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/","og_locale":"en_US","og_type":"article","og_title":"Stock under \u20b9 10 hits 5% upper circuit after being shortlisted for project under MAKE-In India\u00a0","og_description":"Shares of this micro-cap IT stock surged 5% to hit the upper circuit after being shortlisted for a project under the Make in India and Indian Design Development and Manufacturing initiatives (IDDM).\u00a0","og_url":"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-09-30T10:46:33+00:00","article_modified_time":"2024-09-30T10:47:46+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Markets-7-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/","url":"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/","name":"Stock under \u20b9 10 hits 5% upper circuit after being shortlisted for project under MAKE-In India\u00a0 - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Markets-7-Cover-Image.jpg","datePublished":"2024-09-30T10:46:33+00:00","dateModified":"2024-09-30T10:47:46+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"Shares of this micro-cap IT stock surged 5% to hit the upper circuit after being shortlisted for a project under the Make in India and Indian Design Development and Manufacturing initiatives (IDDM).\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Markets-7-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Markets-7-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/stock-under-10-hits-5-upper-circuit-after-being-shortlisted-for-project-under-make-in-india\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Stock under \u20b9 10 hits 5% upper circuit after being shortlisted for project under MAKE-In India\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/134850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=134850"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/134850\/revisions"}],"predecessor-version":[{"id":134855,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/134850\/revisions\/134855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/28546"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=134850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=134850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=134850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}