{"id":136434,"date":"2024-10-15T13:12:36","date_gmt":"2024-10-15T07:42:36","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=136434"},"modified":"2024-10-15T13:12:39","modified_gmt":"2024-10-15T07:42:39","slug":"infra-stock-jumps-6-after-receiving-order-worth-39-cr-from-nalco","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-6-after-receiving-order-worth-39-cr-from-nalco\/","title":{"rendered":"Infra stock jumps 6% after receiving order worth \u20b939 Cr from NALCO\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1546022329\"><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>During Tuesday\u2019s trading session, the shares of a company engaged in the business of EPC services surged nearly 6.5 percent to Rs. 184.9 on BSE, after the company received an order worth Rs. 39.63 crores from National Aluminium Company Limited (NALCO).&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2191134245\"><!-- 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 cap of Rs. 271.8 crores, at 11:41 a.m., the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/KONSTELEC\" target=\"_blank\" rel=\"noreferrer noopener\">Konstelec Engineers Limited<\/a><\/strong> were trading in the green at Rs. 180, up by nearly 3.7 percent, compared to its previous closing price of Rs. 173.65.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What\u2019s the news:&nbsp;<\/strong><\/h2><p>Konstelec Engineers Limited has been awarded an order worth Rs. 39.63 crores for electrical works from National Aluminium Company Limited (NALCO), and the work is scheduled to be completed within a period of 12 months.&nbsp;<\/p><p>According to the latest filings with the NSE, the order involves electrical work at Alumina Refinery and M&amp;R Complex in Damanjodi, Odisha, as well as the Vishakhapatnam Port Facilities area.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-808805368\"><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>Previous Orders:&nbsp;<\/strong><\/h2><p>On 1st August, Konstelec Engineers informed through filings regarding an order received for Electrical and Instrumentation work amounting to Rs. 28.50 crores from Arcelor Mittal Nippon Steel India Limited.&nbsp;<\/p><p>On 4th September, the company secured an order for the supply and erection of electrical works valued at nearly Rs. 7 Crores from Talcher Fertilizers Limited in Odisha.&nbsp;<\/p><p>Additionally, on September 17th, Konstelec Engineers received an order for Instrumentation works amounting to Rs. 12.58 crores from NALCO.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials:&nbsp;<\/strong><\/h2><p>The company experienced significant growth in its revenue from operations, showing a year-on-year rise of around 40.5 percent from Rs. 153 crore in FY23 to Rs. 215 crore in FY24.&nbsp;<\/p><p>Similarly, its net profit increased marginally during the same period from Rs. 7 crores to Rs. 9 crores, indicating a rise of nearly 28.6 percent YoY.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company:<\/strong><\/h2><p>Incorporated in 1995, Konstelec Engineers Limited is an engineering, procurement, and construction\/commissioning (EPC) service provider, delivering services for electrical, instrumentation, and automation systems across the globe.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-3418317210\"><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><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shivani Singh&nbsp;<\/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-396281298\"><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>During Tuesday\u2019s trading session, the shares of a company engaged in the business of EPC services surged nearly 6.5 percent to Rs. 184.9 on BSE, after the company received an order worth Rs. 39.63 crores from National Aluminium Company Limited (NALCO).&nbsp; With a market cap of Rs. 271.8 crores, at 11:41 a.m., the shares of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":12638,"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":[19016,22617,19015,948,936,2597],"class_list":["post-136434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-konstelec-engineers-latest-news","tag-konstelec-engineers-order","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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