{"id":138323,"date":"2024-11-06T12:14:31","date_gmt":"2024-11-06T06:44:31","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=138323"},"modified":"2024-11-06T15:31:33","modified_gmt":"2024-11-06T10:01:33","slug":"stock-jumps-3-after-receiving-work-order-worth-15-cr-from-indian-oil","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-3-after-receiving-work-order-worth-15-cr-from-indian-oil\/","title":{"rendered":"Stock jumps 3% after receiving work order worth \u20b915 Cr from Indian Oil"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3392458782\"><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>Microcap stock engaged in manufacturing and marketing electrical and hydraulic engineering equipment&#8217;s jumped 3 percent in the day\u2019s trade upon receiving a new work order worth ~Rs. 15 Crores from Indian Oil Corporation Limited.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2231443675\"><!-- 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. 205 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/504076\" target=\"_blank\" rel=\"noreferrer noopener\">Jyoti Limited<\/a><\/strong> were trading at Rs. 119.90 per equity share, up 0.93 percent from its previous day\u2019s close price of Rs. 118.80.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>Jyoti Limited engaged in manufacturing and marketing electrical and hydraulic engineering equipment, and many more catering to Power, Water, and other sectors, has received a new work order worth Rs. 14.94 Crores from Indian Oil Corporation Limited.&nbsp;<\/p><p>The said work order is for the Supply, installation, testing &amp; Commissioning of High Voltage Switchgear Panels of 6.6 KV and 11 KV at the premises of Indian Oil Corporation Limited Panipat Refinery and it is to be executed by May 2025.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-921215738\"><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>About the Company&nbsp;<\/strong><\/h2><p>Jyoti Limited is engaged in the business of manufacturing and marketing electrical and hydraulic engineering equipment. It also offers the concept to commissioning, designing, and manufacturing a wide range of Pumps and EPC Pumping Systems catering to Power, Water, and other sectors.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials&nbsp;<\/strong><\/h2><p>Its Revenue from operations grew by 40.52 percent from Rs. 30.80 Crores in Q1FY24 to Rs. 43.28 Crores in Q1FY25, accompanied by profits of Rs. 0.43 Crores to Rs. 2.04 Crores.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S\u00a0<\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter\"><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&nbsp;<a href=\"https:\/\/tradebrains.in\/\">tradebrains.in<\/a>&nbsp;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-193935826\"><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>Microcap stock engaged in manufacturing and marketing electrical and hydraulic engineering equipment&#8217;s jumped 3 percent in the day\u2019s trade upon receiving a new work order worth ~Rs. 15 Crores from Indian Oil Corporation Limited.\u00a0 Price Action&nbsp; With a market capitalization of Rs. 205 Crores, the shares of Jyoti Limited were trading at Rs. 119.90 per [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24902,"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":[4865,31,13525],"tags":[24341,24339,24340,948,936],"class_list":["post-138323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates","tag-indian-oil-new-work-order","tag-jyoti-limited","tag-jyoti-limited-latest-news","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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