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Stock hits 5% upper circuit after receiving order worth ₹111 Cr from Vinimay Trading Priv Ltd.

News by Aliceblue News Desk

17 Mar 2025

Stock hits 5% upper circuit after receiving order worth ₹111 Cr from Vinimay Trading Priv Ltd.

Introduction:

Leading industrial equipment provider has received a ₹111.07 crore purchase order from Companion Vinimay Trading Private Limited for supplying essential components, including Structure Assembly, Head Assembly, and Rotary Table & Electrical Accessories, strengthening its market presence and engineering expertise.

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Also Read: Stock jumps 7% after receiving order worth ₹1,267 Cr from Power Grid Corporation and others

Share price movement of Yogi Ltd:

On March 17, 2025, Yogi Ltd opened at ₹112.00, hitting the 5% upper circuit from its previous close of ₹106.67. The stock maintained a high and low of ₹112.00 throughout the session. By 11:43 AM, it traded at ₹112.00, with a market cap of ₹336.00 crore.

Yogi Limited Secures ₹111 Crore Order from Companion Vinimay Trading:

Yogi Limited has received a purchase order worth ₹111.07 crore from Companion Vinimay Trading Private Limited. The order includes the supply of industrial components such as Structure Assembly, Head Assembly, Rotary Table & Electrical Accessories, Tool Changer, and Additional Axis Accessories.

The order is expected to be executed within 15 days, adhering to standard quality, delivery, and pricing terms mutually agreed upon. This significant contract highlights Yogi Limited’s strong presence in the industrial equipment sector, reinforcing its commitment to delivering high-quality engineering solutions.

With this new contract, Yogi Limited strengthens its position in the domestic market. The deal underscores the company’s ability to secure large-scale orders, contributing to its growth trajectory while enhancing its role as a trusted supplier in the industrial manufacturing sector.

Stock performance of Yogi Ltd for Period of 1 week, 6 months, and 1 year:

Over the past week, Yogi Ltd delivered a modest gain of 1.59%. In the last six months, the stock surged by 92.6%, reflecting strong momentum. Over the past year, it soared 128%, showcasing significant long-term growth and investor confidence.

Also Read: Pharma stock jumps after receiving approval for eluxadoline tablets from USFDA

Shareholding pattern of Yogi Ltd:

ParticularsDec 2024Sep 2024Jun 2024
Promoter59.00%59.00%54.40%
FII0.00%0%0.00%
DII0.00%0.00%0.00%
Public41.00%41.00%45.60%
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About Yogi Ltd:

Yogi Ltd. (BSE: 511702), established in 1994, initially operated as PIL. In FY23, the company transitioned its business focus and rebranded itself. It is now a leading real estate developer, driving growth through strategic projects and investments.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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