{"id":139412,"date":"2024-11-22T12:50:12","date_gmt":"2024-11-22T07:20:12","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=139412"},"modified":"2024-11-22T14:31:33","modified_gmt":"2024-11-22T09:01:33","slug":"penny-stock-in-focus-after-receiving-order-worth-10-cr-for-aerial-bunched-cables","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stock-in-focus-after-receiving-order-worth-10-cr-for-aerial-bunched-cables\/","title":{"rendered":"Penny stock in focus after receiving order worth \u20b910 Cr for aerial bunched cables\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2156116348\"><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>Penny stock engaged in the business of manufacturing and selling wires, cable wires, conductors and many more in focus upon receiving a new work order worth ~Rs. 10.5 Crores for the supply of Aerial Bunched Cables.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2657191640\"><!-- 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. 125 Crores, the shares of <strong>Marco Cables &amp; Conductors Limited<\/strong> were trading at Rs. 66.80 per equity share, up 1.37 percent from the previous day\u2019s close price of Rs. 65.90.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>Marco Cables &amp; Conductors Limited has received a new work order from a reputed client of cable industry for the supply of L.T. Aerial Bunched Cables for a consideration of Rs. 10.43 Crores and it is to be executed within 3 months.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company&nbsp;<\/strong><\/h2><p>Marco Cables &amp; Conductors Limited is engaged in the business of manufacturing and selling wires, cable wires, conductors, and many more used for applications like distribution and transmission of power.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2761239055\"><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>Marco Cables &amp; Conductors Limited\u2019s product portfolio includes XLPE\/PVC cables, Aerial Bunched Cables, Aluminum Alloy Conductors, Aluminum Conductor Steel Reinforced Conductors, and many others.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials and Ratios&nbsp;<\/strong><\/h2><p>Its revenue from operations grew by 136 percent from Rs. 20.70 Crores in H1FY24 to Rs. 48.74 Crores in H1FY25, accompanied by profits of Rs. 0.93 Crores to Rs. 2.73 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 13.5 percent, and a return on capital employed (ROCE) of 16.9 percent. It has reported a debt-to-equity ratio of 1.42.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/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-794838627\"><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>Penny stock engaged in the business of manufacturing and selling wires, cable wires, conductors and many more in focus upon receiving a new work order worth ~Rs. 10.5 Crores for the supply of Aerial Bunched Cables.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 125 Crores, the shares of Marco Cables &amp; Conductors Limited were [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":109807,"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":[],"class_list":["post-139412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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