Orient Technologies shines on securing purchase order from Protean eGovernment Technologies
Orient Technologies is currently trading at Rs. 364.25, up by 8.25 points or 2.32% from its previous closing of Rs. 356.00 on the BSE.
The scrip opened at Rs. 363.00 and has touched a high and low of Rs. 366.85 and Rs. 362.00 respectively. So far 9708 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. 367.90 and Rs. 345.65 respectively. The current market cap of the company is Rs. 1482.45 crore.
The promoters holding in the company stood at 73.23%, while Institutions and Non-Institutions held 1.45% and 25.32% respectively.
Orient Technologies has secured a purchase order from Protean eGov Technologies for AWS infrastructure procurement, setup, and support. The total estimated value of the engagement over a period of 5 years is around Rs 29.86 crore (exclusive of applicable taxes and subject to consumption-based variation). This order enhances the company's footprint in the enterprise cloud solutions and managed 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.
