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Reading: Microcap inventory jumps 3% after receiving orders from Airports Authority of India & others
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StockWaves > Financial News > Microcap inventory jumps 3% after receiving orders from Airports Authority of India & others
Financial News

Microcap inventory jumps 3% after receiving orders from Airports Authority of India & others

StockWaves By StockWaves Last updated: January 23, 2025 4 Min Read
Microcap inventory jumps 3% after receiving orders from Airports Authority of India & others
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Contents
Inventory Worth MotionWhat OccurredService Choices Current quarter outcomesDisclaimerBegin Your Inventory Market Journey Right now!

One of many micro-cap shares engaged in built-in amenities administration companies, together with housekeeping, sanitation, landscaping, and mechanical and electrical upkeep throughout varied sectors. The inventory has jumped 3 p.c after securing a number of contracts from the Airports Authority of India (AAI), Mumbai Worldwide Airport Restricted (MIAL), and Maha Mumbai Metro Operation Company Restricted (MMMOCL). 

Inventory Worth Motion

In Thursday’s buying and selling session, Krystal Built-in Providers Restricted’s share jumped to an intraday excessive of two.82 p.c from the earlier shut of Rs. 641.05. The inventory opened at Rs. 635.80 and is at present buying and selling at Rs. 649.45, with a excessive of Rs. 659.15 and a low of Rs. 635.80. The market capitalization now stands at roughly Rs. 907.41 crore. 

What Occurred

Krystal Built-in Providers Restricted (KISL) has secured a number of prestigious contracts within the aviation and metro infrastructure sectors. The Airports Authority of India (AAI) has awarded Krystal a contract for complete housekeeping and mechanized cleansing companies at Aurangabad Airport, making certain seamless operations and security requirements. 

Moreover, Mumbai Worldwide Airport Restricted (MIAL) has entrusted Krystal with offering landside safety companies at Chhatrapati Shivaji Maharaj Worldwide Airport, showcasing its experience in aviation security compliance. 

Krystal has additionally prolonged its Station Attendant and Shift Supervisor (SA-SSP) contract with Maha Mumbai Metro Operation Company Restricted (MMMOCL). This extension ensures uninterrupted operations at 30 metro stations on Metro Line 7 and Line 2A, beginning February 19, 2025. 

Additionally learn….

Service Choices 

The corporate gives smooth companies like housekeeping and landscaping, onerous companies together with MEP, pest management, and waste administration, and specialised companies equivalent to manufacturing assist, airport administration, staffing, payroll, non-public safety, and catering. 

Current quarter outcomes

Krystal Built-in Providers Restricted’s income has decreased from Rs. 273 crore in Q2 FY24 to Rs. 257 crore in Q2 FY25, which is down by 5.86 p.c. The web revenue has grown by 16.67 p.c, from Rs. 12 crore in Q2 FY24 to Rs. 14 crore in Q2 FY25. 

Written By – Nikhil Naik

Disclaimer

Microcap inventory jumps 3% after receiving orders from Airports Authority of India & others

The views and funding ideas expressed by funding consultants/broking homes/ranking companies on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a threat of economic losses. Traders should due to this fact train due warning whereas investing or buying and selling in shares. Dailyraven Applied sciences or the writer usually are not responsible for any losses induced because of the choice primarily based on this text. Please seek the advice of your funding advisor earlier than investing.


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