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IT Stock: Orient Technologies stock jumps after receiving ₹31 Cr order from New India Assurance Company

News by Aliceblue News Desk

26 Aug 2025

IT Stock: Orient Technologies stock jumps after receiving ₹31 Cr order from New India Assurance Company

Introduction

Leading IT services firm secures a ₹30.81 crore three-year contract for annual maintenance of network, backup, and storage devices at a major data centre, strengthening its managed services capabilities in infrastructure management.

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Share price movement of Orient Technologies

On August 26, 2025, Orient Technologies Ltd opened at ₹311.35, up 0.26% from its previous close of ₹310.55. The stock reached a high of ₹313.80 and a low of ₹306.00. By 1:42 PM, it traded at ₹311.00, a 0.14% increase, with a market cap of ₹1,295.06 crore.

Orient Technologies Wins ₹30.81 Crore AMC Order

Orient Technologies Limited has received a purchase order from The New India Assurance Company Limited. The order is for an Annual Maintenance Contract of network, backup, and storage devices at NIA data centres.

The engagement spans three years with an estimated value of ₹30.81 crore, inclusive of GST. The contract reinforces Orient Technologies’ capabilities in managed services for network, backup, and storage infrastructure.

Stock performance of Orient Technologies for Period of 1 week, 1 month and 6 months

Orient Technologies Ltd delivered a 0.55% return over the past week. The stock declined 4.56% in the past month and 3.15% over the past six months.

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Shareholding pattern of Orient Technologies

ParticularsJun 2025Mar 2025Dec 2024
Promoter73.20%73.20%73.20%
FII0.70%1.50%2.20%
DII0.00%0.00%0.00%
Public26.10%25.30%24.60%

About Orient Technologies

Orient Technologies Ltd (NSE: ORIENTTECH), incorporated in July 1997, is a Mumbai-based IT solutions provider specializing in developing tailored products and services across multiple business verticals, offering technology expertise and comprehensive IT solutions nationwide.

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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.

FAQs

Q: Why is Orient Technologies Ltd share price going up today?

A: The stock rose after receiving a ₹30.81 crore order from New India Assurance Company for a three-year AMC contract.

Q: What does Orient Technologies Ltd specialize in?

A: The company specializes in IT solutions, offering tailored products and services across multiple business verticals.

Q: What is the 52-week high and low of Orient Technologies Ltd stock?

A: The 52-week high is ₹674.30, and the 52-week low is ₹247.55 for Orient Technologies Ltd.

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