India's Onward Technologies hits exchange-allowed peak after Q2 profit jump

Onward Technologies

16/10/2026 08:19

** Shares of Onward Technologies OTEC.NS jump 20% to hit exchange-mandated upper limit of 427.40 rupees
** Software outsourcing co's Q2 consol profit jumps 40.5% Y/Y to 167.7 mln rupees ($1.8 mln)
** Q2 consol revenue rises 22.5% Y/Y to 1.7 bln rupees
** Trading vols over 13x the 30-day average at 962,006 shares so far
** YTD, OTEC up ~49%

($1 = 95.0625 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))