{"id":144885,"date":"2025-02-12T14:49:31","date_gmt":"2025-02-12T09:19:31","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=144885"},"modified":"2025-02-12T16:53:37","modified_gmt":"2025-02-12T11:23:37","slug":"multibagger-stock-hits-5-upper-circuit-after-receiving-order-worth-15-cr-from-indian-oil-corp","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-stock-hits-5-upper-circuit-after-receiving-order-worth-15-cr-from-indian-oil-corp\/","title":{"rendered":"Multibagger stock hits 5% upper circuit after receiving order worth \u20b915 Cr from Indian Oil Corp."},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1748446770\"><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>The shares of an engineering and construction company that serves the oil, gas, petrochemical, and other industries hit 5% upper circuit on Wednesday\u2019s trade after securing an order worth Rs 15.6 Crores from Indian Oil Corporation Ltd.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1260346685\"><!-- 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>Share Price Movement<\/strong><\/h2><p>The shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/526614\" target=\"_blank\" rel=\"noreferrer noopener\">Expo Gas Containers Ltd<\/a>, <\/strong>with a market capitalization of Rs 114 Crores, hit 5% upper circuit reaching Rs 52.45 per share at 10:00 am today. And as of 2:00 pm the shares were trading at Rs 52.3 per share which was around 4.7% higher than the previous closing price of Rs 49.96.\u00a0<\/p><p>The shares generated multibagger returns of 171% in the past year, 248% in 3 years, and 1,983% in 5 years respectively.&nbsp;<\/p><h2 class=\"wp-block-heading\"><strong>Order Details<\/strong><\/h2><p>As per a press release dated February 11, 2025, the company has received a work order from Indian Oil Corporation Limited (Pipeline Division), Western Region Pipelines for a consideration of Rs 15.60 Crores.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1856410136\"><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>The nature of the order is for the Maintenance and Inspection work of crude oil storage Tanks at WRPL Chaksu (Group-01) and at WRPL Vadinar (Group-02).&nbsp;<\/p><p>Out of the total order value of Rs 15.60 Crores,&nbsp; Rs 7.23 Crores is allotted for WRPL Chaksu (Group-01) and for WRPL Vadinar (Group-02) Rs 8.37 Crores is allotted.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials<\/strong><\/h2><p>The company reported an increase of 100 percent in Revenues, from Rs 15.96 Crores in Q2FY24 to Rs 31.90 Crores in Q2FY25. Their Net profits surged 144 percent from Rs 0.27 Crores to Rs 0.66 Crores over the same period.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Previous Order details<\/strong><\/h2><p>As per a press release dated January 16, 2025, the company has received a work order from&nbsp; BPCL amounting to Rs 5 Crore for Maintenance and Inspection job of crude oil Tanks, cleaning and M&amp;I of 01 surge relief tank.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Clientele List<\/strong><\/h2><p>Expo Gas Containers Ltd\u2019s clientele list includes Samsung Engineering, L.G. Engineering &amp; Construction Corporation, Hitachi Zosen Corporation, Gulf Farabi Petrochemical, Manferrostaal A.G, Mitsubishi Heavy Industries, Galana Refinery, Indian Oil, Bharat Petroleum, Hindustan Petroleum, GAIL, Cochin Refineries, ONGC, L&amp;T Ltd, Jindal Steel &amp; Power etc.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About Expo Gas Containers Ltd<\/strong><\/h2><p>Expo Gas Containers Ltd. is an engineering and construction company that manufactures process plant equipment like pressure vessels, deaerators, reactors, and heat exchangers. It also executes turnkey projects for storage tanks, cryogenic tanks, piping, and pipeline work.<\/p><div class=\"trade-content-10\" id=\"trade-584293743\"><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 Adhvaitha Nayani&nbsp;<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><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-2758609621\"><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>The shares of an engineering and construction company that serves the oil, gas, petrochemical, and other industries hit 5% upper circuit on Wednesday\u2019s trade after securing an order worth Rs 15.6 Crores from Indian Oil Corporation Ltd.&nbsp; Share Price Movement The shares of Expo Gas Containers Ltd, with a market capitalization of Rs 114 Crores, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24902,"comment_status":"closed","ping_status":"closed","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-144885","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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