Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ORIENT TECHNOLOGIES LTD. Gains 10%; BSE IT Index Up 3.3%
Wed, 6 Nov 11:43

ORIENT TECHNOLOGIES LTD. Gains 10%; BSE IT Index Up 3.3%Image source: Sakorn BernardaSv/www.istockphoto.com

ORIENT TECHNOLOGIES LTD. share price has zoomed 10% and is presently trading at Rs 402.8.

Meanwhile, the BSE IT index is at 41,788.6 (up 3.3%).

Among the top gainers in the BSE IT index today are Eclerx Services (up 7.4%) and INTELLECT DESIGN (up 5.6%).

Firstsource Solutions (down 1.2%) is among the top losers today.

Over the last one year, ORIENT TECHNOLOGIES LTD. has moved up from Rs 0.0 to Rs 402.8, registering a gain of Rs 402.8 .

On the other hand, the BSE IT index has moved up from 31,589.8 to 41,788.6, registering a gain of 32.3% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 186.8%), Firstsource Solutions (up 128.9%) and PERSISTENT SYSTEMS (up 81.0%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,031.2 (up 0.7%).

The top gainers among the BSE Sensex today are HCl Tech. (up 3.6%) and TCS (up 3.5%). The most traded stocks in the BSE Sensex are ITC and Infosys.

In the meantime, NSE Nifty is at 24,381.8 (up 0.7%). TCS and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 80,031.2, registering a gain of 15,072.5 points (up 23.2%).

ORIENT TECHNOLOGIES LTD. Financial Update...

ORIENT TECHNOLOGIES LTD. net profit fell {profitpercent} YoY to Rs 93 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 1,488 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, ORIENT TECHNOLOGIES LTD. reported 8.2% increase in net profit to Rs 414 million compared to net profit of Rs 383 million during FY23. Revenue of the company grew 12.7% to Rs 6,029 million during FY24.


Equitymaster requests your view! Post a comment on "ORIENT TECHNOLOGIES LTD. Gains 10%; BSE IT Index Up 3.3%". Click here!