India's Orient Technologies climbs on Q1 profit jump

Orient Technologies

16/09/2024 09:05

** Orient Technologies  ORIC.NS  rises as much as 6.4% to
322.3 rupees; stock debuted at 288 rupees on Aug. 28
    ** IT service provider's June-qtr profit rises 30.2% to 92.8
mln rupees ($1 mln) vs year-ago profit of 71.3 mln rupees
    ** Q1 rev grows 27.3% to 1.49 bln rupees from 1.17 bln
rupees last year
    ** Around 1.3 mln shares traded, 1.4x the 30-day avg
    ** ORIC last up 3.6%, extending listing-to-date gains to ~9%

($1 = 83.8875 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))