{"id":147380,"date":"2025-04-15T12:19:42","date_gmt":"2025-04-15T06:49:42","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=147380"},"modified":"2025-04-15T12:19:45","modified_gmt":"2025-04-15T06:49:45","slug":"penny-stock-hits-upper-circuit-after-receiving-order-worth-9-cr-from-indian-oil-corporation","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stock-hits-upper-circuit-after-receiving-order-worth-9-cr-from-indian-oil-corporation\/","title":{"rendered":"Penny stock hits upper circuit after receiving order worth \u20b99 Cr from Indian Oil Corporation"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3476692452\"><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 providing electrical infrastructure and engineering services for various kinds of manufacturing industries has hit an upper circuit of 2 percent after bragging an order worth Rs. 9.17 Crores from Indian Oil Corporation Limited at Vallur, Tamil Nadu<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2421541108\"><!-- 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. 109.55 crores, at 11.30 a.m., the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/KONSTELEC\" target=\"_blank\" rel=\"noreferrer noopener\">Konstelec Engineers Ltd<\/a><\/strong>\u00a0 hit a 2 percent upper circuit of Rs.74 from the previous trading day closing of Rs.72.55.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What\u2019s the News:<\/strong><\/h2><p>Konstelec Engineers Limited has received an order worth Rs. 9.17 crores from Indian Oil Corporation Limited at Vallur, Tamil Nadu, the contract is for Works relating to the Design\/Engineering, Supply, Erection\/Installation, Testing and Commissioning of 33\/6.9 Kv, 6 Mva Onan Indoor Substation at Vallur Station (Tamilnadu) Under Cccpl Project. The work is scheduled to be completed within a period of 8 months.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company:<\/strong><\/h2><p>Incorporated in 1989, Konstelec Engineers Ltd is in the business of electrical and EPC contracts the company executes contracts for installing, testing, commissioning, and maintaining electrical and electromechanical equipment for manufacturing industries the companies services find applications across several processing and various kinds of manufacturing industries such as oil &amp; gas, refinery, steel, cement, pharmaceuticals, textile, hospital, health care, and commercial complexes, domestically and internationally.<\/p><div class=\"trade-content_5\" id=\"trade-3269472977\"><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 decreased by 9.6 percent from Rs.93 crores in H1FY24 to Rs.84 in H1FY25. The net profits have remained the same at RS 3 crores during the same period.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Likesh Babu S<\/strong><\/p>\n\n<p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p>\n\n<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>\n\n<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><\/blockquote><div class=\"trade-after-content\" id=\"trade-2625256213\"><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 providing electrical infrastructure and engineering services for various kinds of manufacturing industries has hit an upper circuit of 2 percent after bragging an order worth Rs. 9.17 Crores from Indian Oil Corporation Limited at Vallur, Tamil Nadu Price movement: With a market capitalization of Rs. 109.55 crores, at 11.30 [&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":[22616,19016,25996,19015,9610,948,936,3157],"class_list":["post-147380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-konstelec-engineers","tag-konstelec-engineers-latest-news","tag-konstelec-engineers-limited-latest-order","tag-konstelec-engineers-share-price","tag-penny-stock","tag-stock-market","tag-stock-market-news","tag-stock-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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