ORIENT TECHNOLOGIES LTD. share price has plunged 8% and is presently trading at Rs 464.0.
Meanwhile, the BSE IT index is at 34,084.0 (down 0.4%).
Among the top losers in the BSE IT index today are TANLA SOLUTIONS (down 1.2%) and Firstsource Solutions (down 1.0%).
PERSISTENT SYSTEMS (up 1.3%) and Oracle Financial Services (up 1.2%) are among the top gainers today.
Over the last one year, ORIENT TECHNOLOGIES LTD. has moved up from Rs 269.7 to Rs 464.0, registering a gain of Rs 194.3 (up 72.0%).
On the other hand, the BSE IT index has moved down from 42,189.3 to 34,084.0, registering a loss of 19.2% during the last 12 months.
The top losers among the BSE IT index stocks during this same period were ROUTE MOBILE (down 50.4%), Sonata Software (down 42.7%) and Birlasoft (down 39.7%).
Small Cap Proxy Players Briefing: Book Your Spot
The BSE Sensex is at 82,087.2 (up 0.4%).
The top gainers among the BSE Sensex today are Eternal Ltd (up 1.6%) and Indusind Bank (up 1.4%). The most traded stocks in the BSE Sensex are HDFC Bank and Reliance Ind..
In the meantime, NSE Nifty is at 25,162.1 (up 0.3%). JIO FINANCIAL SERVICES and Eternal Ltd are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved down from 82,497.1 to 82,087.2, registering a loss of 409.9 points (down 0.5%).
ORIENT TECHNOLOGIES LTD. net profit grew 8.0% YoY to Rs 100 million for the quarter ended June 2025, compared to a profit of Rs 93 million a year ago. Net sales rose 42.8% to Rs 2,126 million during the period as against Rs 1,488 million in April-June 2024.
For the year ended March 2025, ORIENT TECHNOLOGIES LTD. reported 21.7% increase in net profit to Rs 504 million compared to net profit of Rs 414 million during FY24. Revenue of the company grew 39.3% to Rs 8,395 million during FY25.
The current Price to earnings ratio of ORIENT TECHNOLOGIES LTD., based on rolling 12 month earnings, stands at 37.8.
Image source: StarLineArts/www.istockphoto.com
Equitymaster requests your view! Post a comment on "ORIENT TECHNOLOGIES LTD. Plunges 8%; BSE IT Index Down 0.4%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!