{"id":67619,"date":"2022-10-11T16:45:00","date_gmt":"2022-10-11T11:15:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=67619"},"modified":"2022-10-11T16:58:07","modified_gmt":"2022-10-11T11:28:07","slug":"smallcap-stock-hits-upper-circuit-of-20-as-it-secured-orders-worth-1000-crore","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/smallcap-stock-hits-upper-circuit-of-20-as-it-secured-orders-worth-1000-crore\/","title":{"rendered":"Smallcap Stock hits upper circuit of 20% as it secured orders worth Rs 1,000 crore"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3498223575\"><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 Panacea Biotec Ltd. hit their upper circuit of 20% in the early hours of trading on Thursday. The stock skyrocketed to touch its day\u2019s high of Rs. 160.80 per share around 9:20 IST. It slightly declined to close at Rs. 158.70, up 18.43% for the day.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-913950703\"><!-- 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><p>This surge in stock price follows the news of <a href=\"https:\/\/portal.tradebrains.in\/stock\/PANACEABIO\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Panacea Biotec<\/a> securing a long-term supply order from UNICEF and Pan American Health Organisation (PAHO) for its five-in-one vaccine Easyfive-TT.&nbsp;<\/p><p>The order value of UNICEF\u2019s contract is Rs. 813 crores and that of PAHO is Rs. 235 crores respectively. The pharma company has to supply 99.7 million doses to UNICEF from 2023 to 2027. It will be providing 24.83 million doses to PAHO during 2023 to 2025.<\/p><p>The company said that EasyFive-TT is a ready-to-use vaccine. It need not be prepared by healthcare workers at clinics. This helps to reduce clinic visits and the overall cost of immunisation.<\/p><div class=\"trade-content_5\" id=\"trade-1424613084\"><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>On the development the managing director of Panacea Biotec, Rajesh Jain said, \u201cThis showcases the growing role India plays to support global health.\u201d&nbsp;<\/p><p>Panacea Biotec is a small-cap biotechnology company involved in the research and development, manufacturing, sales, distribution and marketing of pharmaceuticals and vaccines. It was established in 1984 and presently has a market capitalization of Rs. 970 crores.<\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The content in this news article is not investment advice. 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-572850420\"><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 Panacea Biotec Ltd. hit their upper circuit of 20% in the early hours of trading on Thursday. The stock skyrocketed to touch its day\u2019s high of Rs. 160.80 per share around 9:20 IST. It slightly declined to close at Rs. 158.70, up 18.43% for the day. This surge in stock price follows [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":62638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[3913,3912,992,993,3047,3046,2035,948,936,3153,4178,4183,3157,3158,3643,4787],"class_list":["post-67619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-multibagger-stock-to-buy","tag-multibagger-stock-to-watch","tag-pharma-sector","tag-pharma-sector-news","tag-pharma-stocks","tag-pharma-stocks-to-buy","tag-pharmaceutical-company","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-buy-in-2022","tag-stock-to-trade","tag-stock-to-watch","tag-stock-to-watch-in-2022","tag-upper-circuit","tag-upper-circuit-stocks"],"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>Smallcap Stock hits upper circuit of 20% as it secured orders worth Rs 1,000 crore - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/smallcap-stock-hits-upper-circuit-of-20-as-it-secured-orders-worth-1000-crore\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Smallcap Stock hits upper circuit of 20% as it secured orders worth Rs 1,000 crore\" \/>\n<meta property=\"og:description\" content=\"The shares of Panacea Biotec Ltd. hit their upper circuit of 20% in the early hours of trading on Thursday. The stock skyrocketed to touch its day\u2019s high of Rs. 160.80 per share around 9:20 IST. It slightly declined to close at Rs. 158.70, up 18.43% for the day. 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