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ORIENTCEM Orient Cement News Story

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Basic MaterialsAdventurousSmall CapNeutral

India's Orient Cement posts worst day in over half a decade

** Shares of Orient Cement ORCE.NS fall 16.3% to 253.7 rupees, posts worst day since March 2020

** Trading volumes at 10.9 mln shares, 9.6 times the 30-day average

** Reuters could not immediately ascertain the reason behind the day's move

** Relative strength index falls to 18.1, suggesting that stock might be oversold - data compiled by LSEG

** ORCE down ~26% YTD

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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