Orient Technologies rises on bagging purchase order worth Rs 30.81 crore

Orient Technologies is currently trading at Rs. 311.10, up by 0.55 points or 0.18% from its previous closing of Rs. 310.55 on the BSE.
The scrip opened at Rs. 311.35 and has touched a high and low of Rs. 313.80 and Rs. 306.00 respectively. So far 10757 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 674.30 on 20-Jan-2025 and a 52 week low of Rs. 247.55 on 08-Oct-2024.
Last one week high and low of the scrip stood at Rs. 315.00 and Rs. 306.00 respectively. The current market cap of the company is Rs. 1296.72 crore.
The promoters holding in the company stood at 73.24%, while Institutions and Non-Institutions held 0.69% and 26.07% respectively.
Orient Technologies has been awarded a purchase order from the New India Assurance Company for Annual Maintenance Contract (AMC) of Network, Backup and Storage Devices at NIA Data Centres.
The estimated value of this engagement, spread over a period of three years, is around Rs 30.81 crore, inclusive of GST. This order further strengthens the company’s position in delivering Managed Services for Network, Backup, and Storage infrastructure, reinforcing our capabilities in the services domain.
Orient Technologies is a fast-growing information technology (IT) solutions provider headquartered in Mumbai, Maharashtra. It offers a wide ranging and diversified bouquet of product and service offerings and classify its business into 3 verticals viz., IT Infrastructure, ITeS and Cloud and Data Management Services.








