{"id":147863,"date":"2025-04-28T12:21:08","date_gmt":"2025-04-28T06:51:08","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=147863"},"modified":"2025-04-28T12:21:11","modified_gmt":"2025-04-28T06:51:11","slug":"textile-stock-under-15-jumps-after-securing-order-from-ministry-of-electronics","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/textile-stock-under-15-jumps-after-securing-order-from-ministry-of-electronics\/","title":{"rendered":"Textile stock under \u20b915 jumps after securing order from Ministry of Electronics"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3334061745\"><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>During Monday\u2019s trading session, the shares of a company engaged in the trading and manufacturing of garments surged nearly 2.5 percent on BSE, after the company secured a work order from the Ministry of Electronics and Information Technology&nbsp; through NICSI.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1911804289\"><!-- 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 capitalisation of Rs. 631.4 crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/SBC\" target=\"_blank\" rel=\"noreferrer noopener\">SBC Exports Limited<\/a><\/strong> hit an intraday high at Rs. 13.71, up by around 2.5 percent, as against its previous closing price of Rs. 13.38.<\/p><p>The stock has delivered negative returns of nearly 26 percent in the last one year, but gained around 5 percent returns in the last one month.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What\u2019s the News<\/strong><\/h2><p>According to the latest regulatory filings with the stock exchanges, SBC Exports Limited received a work order worth Rs. 17.2 million from the Ministry of Electronics and Information Technology through National Informatics Centre Services Inc. (NICSI).<\/p><div class=\"trade-content_5\" id=\"trade-3879828522\"><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 order involves the provision of office support, project management support and rollout services, to be executed within 6 months.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Recent Updates<\/strong><\/h2><p><strong>24th January: <\/strong>The Board of SBC Exports Limited approved the issue of bonus shares in a 1:2 ratio, with a revised record date of 10th March 2025.<\/p><p><strong>24th March: <\/strong>The company received a repeat export order for the supply of various garment articles, including t-shirts, trousers, shorts, etc., for a value of around Rs. 9.36 crores from Gawgee Brothers Wholesalers Co. LLC, a Dubai-based textile company.<\/p><p>Further, SBC Exports also entered into a strategic tie-up with Gawgee Brothers Wholesalers Co. LLC, UAE, for the supply of garments. Under this arrangement, the company will supply a wide range of garments that will be sold in the retail chain stores (Day-to-Day), Dubai.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials<\/strong><\/h2><p>SBC Exports reported a significant growth in its revenue from operations, showing a year-on-year rise of 38.5 percent from Rs. 52 crores in Q3 FY24 to Rs. 72 crores in Q3 FY25.&nbsp;<\/p><p>Similarly, its net profit increased during the same period from Rs. 2.87 crores to Rs. 3.6 crores, indicating an impressive growth of around 25.4 percent YoY.<\/p><div class=\"trade-content-10\" id=\"trade-1112796116\"><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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company<\/strong><\/h2><p>Incorporated in 2011, SBC Exports Limited is engaged in the business of trading and manufacturing of garments, manpower supply services and tour operator services.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shivani Singh<\/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-984801925\"><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>During Monday\u2019s trading session, the shares of a company engaged in the trading and manufacturing of garments surged nearly 2.5 percent on BSE, after the company secured a work order from the Ministry of Electronics and Information Technology&nbsp; through NICSI. Price Movement With a market capitalisation of Rs. 631.4 crores, the shares of SBC Exports [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":130745,"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":[8113,8115,20946,8114,948,936,3157,17446,24110],"class_list":["post-147863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-sbc-exports","tag-sbc-exports-latest-news","tag-sbc-exports-new-order","tag-sbc-exports-share-price","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-textile-stock","tag-textile-stock-news"],"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>Textile stock under \u20b915 jumps after securing order from Ministry of Electronics - 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