{"id":135929,"date":"2024-10-10T14:48:21","date_gmt":"2024-10-10T09:18:21","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=135929"},"modified":"2024-10-10T14:48:25","modified_gmt":"2024-10-10T09:18:25","slug":"stock-jumps-19-after-it-receives-order-from-medical-education-and-research-mumbai","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-19-after-it-receives-order-from-medical-education-and-research-mumbai\/","title":{"rendered":"Stock jumps 19% after it receives order from Medical Education and Research, Mumbai"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3572677137\"><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 company engaged in the supply of medical equipments surged by 19.9 percent on NSE to Rs. 71.95 on Thursday, after the company announced receiving orders worth a total of Rs. 113.85 crores from the Medical Education and Ayush Department, Mumbai.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1445565989\"><!-- 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 capitalisation of Rs. 131.4 crores, at 02:12 p.m., the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/APRAMEYA\" target=\"_blank\" rel=\"noreferrer noopener\">Aprameya Engineering Limited<\/a><\/strong> were in the green at Rs. 245.8, up by 15 percent, as against its previous closing price of Rs. 60.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What\u2019s the News:&nbsp;<\/strong><\/h2><p>According to the latest regulatory filings with the NSE, Aprameya Engineering Limited secured two orders totalling Rs. 113.85 crores from the Medical Education and Ayush Department, Directorate Medical Education and Research, Mumbai, Maharashtra.&nbsp;<\/p><p>The first order, valued at Rs. 84 crores, is for the supply of a Mobile CT \u2013 OmniTom Elite. The second order, worth Rs. 29.85 crores, pertains to the provision of a Modular OT Complex (4+2 OT). Both orders are to be executed on a Turnkey basis within 32 weeks of site handover.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1995309492\"><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>An 80 percent payment of the contract value will be made upon material supply, with the remaining 20 percent due after the commissioning and installation for each of the aforementioned orders.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Previous Orders:&nbsp;<\/strong><\/h2><p>On 4th October, Aprameya Engineering Limited received a Rs. 38.8 crore order from the Medical Education and Ayush Department, Directorate Medical Education and Research, Maharashtra.&nbsp;<\/p><p>The order was for the supply of eight units of 3D Electro-Anatomical Mapping System (EP Lab) on a Turnkey Basis, to be executed in 32 weeks from the date of handover of the site.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials:&nbsp;<\/strong><\/h2><p>The company reported a decline in revenue from operations, experiencing a year-on-year fall of nearly 16.5 percent, decreasing from Rs. 78.12 crores in FY23 to Rs. 65.2 crores in FY24.&nbsp;<\/p><p>During the same period, the company&#8217;s net profit decreased from Rs. 5.4 crores to Rs. 3.5 crores, representing a decline of 35.2 percent YoY.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company:<\/strong><\/h2><p>Aprameya Engineering Limited is engaged in the business of installation, set up &amp; maintenance of Intensive Care Units (ICU), Neonatal Intensive Care Units (NICU), Pediatric Intensive Care Units (PICU), Operation Theatre, dialysis centres and prefabricated structure wards in the hospitals and medical care centres on turnkey basis.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-844998443\"><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>The company is also engaged in the supply of high-value healthcare equipment and diagnostic equipment to private hospitals, government hospitals and medical practitioners.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shivani Singh&nbsp;<\/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-951825186\"><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 company engaged in the supply of medical equipments surged by 19.9 percent on NSE to Rs. 71.95 on Thursday, after the company announced receiving orders worth a total of Rs. 113.85 crores from the Medical Education and Ayush Department, Mumbai.&nbsp; With a market capitalisation of Rs. 131.4 crores, at 02:12 p.m., [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":20407,"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":[23383,23381,948,936],"class_list":["post-135929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-aprameya-engineering-new-order","tag-aprameya-engineering-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) - 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