{"id":140554,"date":"2024-12-12T12:41:51","date_gmt":"2024-12-12T07:11:51","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=140554"},"modified":"2024-12-12T16:59:34","modified_gmt":"2024-12-12T11:29:34","slug":"it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/","title":{"rendered":"IT stock jumps 8% after receiving order worth \u20b940 Cr for digital transformation projects"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1985755264\"><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>IT Stock engaged in providing a comprehensive suite of distributed IT solutions, encompassing consulting, enterprise computing, and many more jumped up to 8 percent in the day\u2019s trade upon receiving work orders worth Rs. 40 Crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1476040681\"><!-- 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. 236 Crores, the shares of<strong> ROX Hi-Tech Limited<\/strong> were trading at Rs. 103.30 per equity share, up 7 percent from its previous day\u2019s close price of Rs. 96.25.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>ROX Hi-Tech Limited a customer-centric IT solutions provider has received a new work order focused on digital transformation projects for enterprise clients, encompassing network and security management along with application management for a consideration of Rs. 40 Crores.&nbsp;<\/p><p>The said work order is set for phased execution and is expected to be completed by March 2024. With this addition, the total order book now stands at Rs. 150 Crores, with Rs. 110 Cr already billed and Rs. 40 Cr currently in the order book.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-532251040\"><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>ROX Hi-Tech Limited is engaged in the business of dealing in Computer Hardware components, peripheral devices, electronic data processing equipment, and software including packaged &amp; customized software.&nbsp;<\/p><p>ROX Hi-Tech Limited provides a comprehensive suite of distributed IT solutions, encompassing consulting, enterprise computing, end-user services, managed print, and network solutions. Its clientele spans a broad spectrum, featuring Fortune 1,000 companies.&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 8 percent from Rs. 77 Crores in H1FY24 to Rs. 83 Crores in H1FY25, accompanied by profits of Rs. 10 Crores in both the years.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 36.4 percent, and a Return on capital employed (ROCE) of 39.3 percent. It has reported a debt-to-equity ratio of 0.50.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Written by: Bharath K.S<\/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-2533071610\"><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>IT Stock engaged in providing a comprehensive suite of distributed IT solutions, encompassing consulting, enterprise computing, and many more jumped up to 8 percent in the day\u2019s trade upon receiving work orders worth Rs. 40 Crores.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 236 Crores, the shares of ROX Hi-Tech Limited were trading at [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":119044,"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-140554","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) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IT stock jumps 8% after receiving order worth \u20b940 Cr for digital transformation projects - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"IT Stock engaged in providing a comprehensive suite of distributed IT solutions, encompassing consulting, enterprise computing, and many more jumped up to 8 percent in the day\u2019s trade upon receiving work orders worth Rs. 40 Crores.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IT stock jumps 8% after receiving order worth \u20b940 Cr for digital transformation projects\" \/>\n<meta property=\"og:description\" content=\"IT Stock engaged in providing a comprehensive suite of distributed IT solutions, encompassing consulting, enterprise computing, and many more jumped up to 8 percent in the day\u2019s trade upon receiving work orders worth Rs. 40 Crores.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-12T07:11:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-12T11:29:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/it-laptop.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/\",\"url\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/\",\"name\":\"IT stock jumps 8% after receiving order worth \u20b940 Cr for digital transformation projects - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/it-laptop.jpg\",\"datePublished\":\"2024-12-12T07:11:51+00:00\",\"dateModified\":\"2024-12-12T11:29:34+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"IT Stock engaged in providing a comprehensive suite of distributed IT solutions, encompassing consulting, enterprise computing, and many more jumped up to 8 percent in the day\u2019s trade upon receiving work orders worth Rs. 40 Crores.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/it-laptop.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/it-laptop.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IT stock jumps 8% after receiving order worth \u20b940 Cr for digital transformation projects\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IT stock jumps 8% after receiving order worth \u20b940 Cr for digital transformation projects - Trade Brains Features","description":"IT Stock engaged in providing a comprehensive suite of distributed IT solutions, encompassing consulting, enterprise computing, and many more jumped up to 8 percent in the day\u2019s trade upon receiving work orders worth Rs. 40 Crores.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/","og_locale":"en_US","og_type":"article","og_title":"IT stock jumps 8% after receiving order worth \u20b940 Cr for digital transformation projects","og_description":"IT Stock engaged in providing a comprehensive suite of distributed IT solutions, encompassing consulting, enterprise computing, and many more jumped up to 8 percent in the day\u2019s trade upon receiving work orders worth Rs. 40 Crores.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-12-12T07:11:51+00:00","article_modified_time":"2024-12-12T11:29:34+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/it-laptop.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/","url":"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/","name":"IT stock jumps 8% after receiving order worth \u20b940 Cr for digital transformation projects - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/it-laptop.jpg","datePublished":"2024-12-12T07:11:51+00:00","dateModified":"2024-12-12T11:29:34+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"IT Stock engaged in providing a comprehensive suite of distributed IT solutions, encompassing consulting, enterprise computing, and many more jumped up to 8 percent in the day\u2019s trade upon receiving work orders worth Rs. 40 Crores.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/it-laptop.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/it-laptop.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-receiving-order-worth-40-cr-for-digital-transformation-projects\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"IT stock jumps 8% after receiving order worth \u20b940 Cr for digital transformation projects"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/140554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=140554"}],"version-history":[{"count":2,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/140554\/revisions"}],"predecessor-version":[{"id":140610,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/140554\/revisions\/140610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/119044"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=140554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=140554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=140554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}