{"id":146893,"date":"2025-04-01T12:43:48","date_gmt":"2025-04-01T07:13:48","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=146893"},"modified":"2025-04-01T13:30:57","modified_gmt":"2025-04-01T08:00:57","slug":"stock-hits-10-upper-circuit-after-receiving-multiple-work-orders-from-beml-and-others","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-hits-10-upper-circuit-after-receiving-multiple-work-orders-from-beml-and-others\/","title":{"rendered":"Stock hits 10% upper circuit after receiving multiple work orders from BEML and others"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-632692203\"><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 this microcap stock primarily engaged in manufacturing Railway Signaling Products and Metro Rail Rolling Stock Products, hit a 10 percent upper circuit after bagging multiple work orders from BEML and others with a total consideration of Rs 2.5 crore.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4101554091\"><!-- 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>Stock Performance<\/strong><\/h2><p>With a market capitalization of Rs 87.87 crore, <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/PRESSTONIC\" target=\"_blank\" rel=\"noreferrer noopener\">Presstonic Engineering Ltd<\/a><\/strong> hit a 10 percent upper circuit at Rs 114.20 per share in Tuesday\u2019s trading session as compared to its previous closing price of Rs 103.85 per share. The shares retraced from the day\u2019s high and were trading at Rs 114.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>Presstonic Engineering Ltd has received a purchase order from BEML Limited, Bengaluru for the supply of Floor Seat Screws for BMRCL-5 RSDM Project. The total consideration for this order is valued at Rs 92 lakh.<\/p><p>Further, on April 1 the company announced the receipt of a prestigious order from the Spanish Railway Giant M\/s. CAF (Construcciones y Auxiliar de Ferrocarriles) to supply Support Kit Structure to RENFE High Speed Trains, delivered to Spain. This contract is valued at 1,66,670.92 EURO or Rs 1.5 crore.<\/p><div class=\"trade-content_5\" id=\"trade-1221395319\"><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>Company Overview<\/strong><\/h2><p>Presstonic Engineering Ltd is primarily engaged in the manufacture of Metro Rail Signalling Products, Metro Rail Rolling Stock Products, Infrastructure Products and other products to Global and Domestic OEM&#8217;s. The company\u2019s major clients include Hyderabad Metro Rail, Namma Metro, Chennai Metro Rail and Kolkata Metro Rail among others.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials<\/strong><\/h2><p>When looking at the financial statements of the company, Presstonic Engineering reported a 78 percent decline in revenue from Rs 14.25 crore to Rs 3.08 crore during H1 FY24-25. The company also announced a net loss of Rs 4.4 crore as compared to a net profit of Rs 2.03 crore during the same period last year.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shwetha Sairam<\/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-1047081907\"><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 this microcap stock primarily engaged in manufacturing Railway Signaling Products and Metro Rail Rolling Stock Products, hit a 10 percent upper circuit after bagging multiple work orders from BEML and others with a total consideration of Rs 2.5 crore. Stock Performance With a market capitalization of Rs 87.87 crore, Presstonic Engineering Ltd [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97246,"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":[31,1789],"tags":[25592,15822,25684,25685,25682,25683,25872,25873,15821,948,936,2597],"class_list":["post-146893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-presstonic-engineering","tag-presstonic-engineering-latest-news","tag-presstonic-engineering-latest-newws","tag-presstonic-engineering-latest-order","tag-presstonic-engineering-limited","tag-presstonic-engineering-limited-latest-news","tag-presstonic-engineering-ltd","tag-presstonic-engineering-ltd-latest-order","tag-presstonic-engineering-share-price","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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