{"id":136635,"date":"2024-10-17T12:13:31","date_gmt":"2024-10-17T06:43:31","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=136635"},"modified":"2024-10-17T12:16:50","modified_gmt":"2024-10-17T06:46:50","slug":"stock-under-60-jumps-3-after-receiving-order-from-coca-cola","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-under-60-jumps-3-after-receiving-order-from-coca-cola\/","title":{"rendered":"Stock under \u20b960 jumps 3% after receiving order from Coca Cola"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1256016692\"><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 Thursday\u2019s trading session, the shares of this micro-cap company engaged in the marketing and distribution of steel products surged 3.3 percent to Rs. 52.93 on BSE, after the company announced securing an order worth Rs. 2.75 crores from Coca Cola India Private Limited.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-156320190\"><!-- 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. 129.1 crores, at 11:12 am., the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/539041\" target=\"_blank\" rel=\"noreferrer noopener\">Ganesha Ecoverse Limited<\/a><\/strong> were trading in the green at Rs. 52.49, up by nearly 2.5 percent, compared to its previous closing price of Rs. 51.23.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What\u2019s the news:&nbsp;<\/strong><\/h2><p>Ganesha Ecoverse Limited has established a strategic business relationship with Coca Cola India Private Limited and has received an order for the supply of sustainable jackets.&nbsp;<\/p><p>According to the latest regulatory filings with the BSE, the order is valued at Rs. 2.75 crores, with an execution time period of three months.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1987948916\"><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>Financials:&nbsp;<\/strong><\/h2><p>The company experienced a significant growth in its revenue from operations, showing a year-on-year increase of around 5830 percent from Rs. 0.1 crores in FY23 to Rs. 5.93 crores in FY24.&nbsp;<\/p><p>Similarly, its net profit increased during the same period from a loss of Rs. 2.34 crores to a profit of Rs. 4.23 crores.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Shareholding Pattern:&nbsp;<\/strong><\/h2><p>According to the June 2024 shareholding pattern, the Promoters hold a 1.34 percent stake in the company, while the Retail Investors hold a 98.65 percent stake in Ganesha Ecoverse.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Stock Performance&nbsp;<\/strong><\/h2><p>The stock has delivered negative returns of nearly 5.6 percent in one year, while around 7.2 percent of positive returns in the last six months. So far in 2024, the shares of Ganesha Ecoverse have given about 4.3 percent of positive returns.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company:&nbsp;<\/strong><\/h2><p>Incorporated in 2003, Ganesha Ecoverse Limited, formerly known as SVP Housing Limited, focuses on marketing and distribution of steel products.<\/p><p>The company is engaged in the business of marketing and distribution of steel products like TMT bars, rolled products, billets, colour-coated sheets, ingots and steel pipes and tubes.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-125975280\"><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-298873944\"><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 Thursday\u2019s trading session, the shares of this micro-cap company engaged in the marketing and distribution of steel products surged 3.3 percent to Rs. 52.93 on BSE, after the company announced securing an order worth Rs. 2.75 crores from Coca Cola India Private Limited.&nbsp; With a market cap of Rs. 129.1 crores, at 11:12 am., [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97585,"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":[23648,23650,23649,948,936,3157,23647],"class_list":["post-136635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-ganesha-ecoverse","tag-ganesha-ecoverse-news","tag-ganesha-ecoverse-share-price","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-stock-under-60"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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