{"id":147314,"date":"2025-04-11T14:40:49","date_gmt":"2025-04-11T09:10:49","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=147314"},"modified":"2025-04-11T14:40:52","modified_gmt":"2025-04-11T09:10:52","slug":"penny-stock-jumps-8-after-receiving-order-worth-29-cr-from-oil-india","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stock-jumps-8-after-receiving-order-worth-29-cr-from-oil-india\/","title":{"rendered":"Penny stock jumps 8% after receiving order worth \u20b929 Cr from Oil India"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2718619056\"><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>An Indian penny stock specializing in the business of Oil Exploration and Allied services has moved up by 8 percent from the day&#8217;s opening after it bagged an order worth Rs. 29 crores from Indian Maharatna Public Sector Enterprise<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2541051407\"><!-- 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 movement<\/strong><\/h2><p>With a market capitalization of Rs.80.7 crores, at 1.30 p.m., the shares of Aakash <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/AAKASH\" target=\"_blank\" rel=\"noreferrer noopener\">Exploration Services Limited<\/a><\/strong> were trading up by close to an 8 percent high of Rs.8.80 from its day&#8217;s opening of Rs.8.10.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What\u2019s the News<\/strong><\/h2><p>Aakash Exploration Services Limited has received an order worth Rs.29 crores from the\u00a0 Indian Maharatna Public Sector Enterprise, Oil India Limited for Hiring Services for providing a high-pressure Mobile Boiler along with ancillaries for the Generation of high-quality steam. The order is to be executed within the period of 2 years.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company<\/strong><\/h2><p>Aakash Exploration Services Limited is a company providing services for Oil and Gas Exploration with a fundamental vision of being a leader in providing services to the Oil and Gas Field while achieving international standards of excellence. The company is based out of Ahmedabad, Gujarat, and is also a member of the International Association of Drilling Contractors.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3386478162\"><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>Financials<\/strong><\/h2><p>Its revenue from operations has increased by 1.02 percent from Rs.23.42 crores in Q2 FY25 to Rs.23.66 in Q3FY25. The net profits have increased 136.3 percent from 0.11 crores in Q2FY25 to Rs.0.26 crores in Q3FY25.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by -likesh babu s\u00a0<\/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-4079618097\"><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>An Indian penny stock specializing in the business of Oil Exploration and Allied services has moved up by 8 percent from the day&#8217;s opening after it bagged an order worth Rs. 29 crores from Indian Maharatna Public Sector Enterprise Price movement With a market capitalization of Rs.80.7 crores, at 1.30 p.m., the shares of Aakash [&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":[31,1789],"tags":[23599,23600,27942,27943,9610,948,936,2597],"class_list":["post-147314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-aakash-exploration-services","tag-aakash-exploration-services-share-price","tag-exploration-services","tag-exploration-services-latest-news","tag-penny-stock","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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