India's Orient Technologies surges on contract win

Orient Technologies

11/09/2026 05:07

    ** Shares of India's Orient Technologies  ORIC.NS  jump
14.07% to 268.48 rupees 
    ** Stock on track for biggest intraday percentage change
since April 1
    ** Co says it signed a $3.15 million, three-year contract
with cybersecurity firm Securonix, with total planned investment
in expansion to reach about $5 million
    ** Orient to become Securonix's exclusive value-added
distributor and joint go-to-market partner in India under
expanded partnership
    ** Co plans to hire about 100 cybersecurity professionals
and targets 12% growth in cybersecurity customer base
    ** YTD stock down 35.36%

    (Reporting by Surbhi Misra in Bengaluru)
 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_
  |;))