Stock Under Rs 8 Bags Order Worth Rs 10 Cr, Shares Hit Upper Circuit

Shares of Gradiente Infotainment Ltd hit 5% upper circuit in trade on April 28, 2023 as the company bagged order worth Rs 10 crore. Last trading price of Gradiente Infotainment is Rs 7.05 apiece with intraday gain of 3.83% on BSE. The stock rallied 540% in last 3-years. The stock hit upper circuit on April 27 as well. Check
details below:

Gradiente Infotainment Bags Order Woth Rs 10 Crore, Shares Rally: According to the BSE filing of the company, "Gradiente Infotainment Limited (Gradiente)has bagged a GIS Project from VISICOM, an International Joint Stock company headquartered in Ukraine, for their US operations. This effort is part of Gradiente'sIT Division expansion and diversification plan with a project outlays of INR 100 Million (Rs. 10 crores) in IT & ITES business."

Gradiente Infotainment Stock Performance & Return: The last trading price of Gradiente Infotainment is Rs 7.05 per share with intraday gain of 3.83%. The stock's 52-week high price is Rs 9.68 per share and 52-week low price is Rs 1.65 per share. Currently, the stock is trading near its 52-week high price. The company has a market capitalisation of Rs 16.33 crore. The stock gave return of 15% in last 6-months, 540% return in last 3-years, and 434% return in last 5-years.

Gradiente Infotainment About: It is a leading media-entertainment company with roots that go back more than two decades. It is a hub for advertising, film and new media solutions with a market presence across the leading Indian metros and with strategic tie-ups outside India. It was incorporated in the year 1992.

Disclaimer:The stock bagged order worth Rs 10 crore and hit upper circuit. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.