Archive · 31 Dec 2025
Orient Technologies Stock Jumps 14% After Bonus Approval
Orient Technologies is a company that provides IT solutions.
Recently, its shareholders approved a bonus issue, which means existing shareholders will get extra shares.
After this approval, the company's stock price went up by 14%.
The company's shares were initially sold at Rs 206 during its IPO, but on the first day of trading, the price was Rs 290.
The stock has been quite volatile, with its highest price in the past year being Rs 674.30 and the lowest being Rs 294.25.
Despite the recent increase, the stock has decreased by about 20% over the past year.
The IPO was very popular, with many people wanting to buy shares.
Orient Technologies' stock surged 14% after shareholders approved a 1:10 bonus issue.
The bonus issue is the first in the company's history, boosting investor sentiment.
The company's IPO was priced at Rs 206 and listed at Rs 290, showing a 40% gain.
The stock's 52-week high is Rs 674.30, and its low is Rs 294.25, with a 20% drop over the past year.
The IPO received an overwhelming response, subscribed 154.84 times overall, with strong interest from retail and non-institutional investors.
- Who
- Orient Technologies Limited
- What
- Stock price surged 14% after bonus issue approval
- When
- Tuesday (specific date not mentioned)
- Where
- BSE (Bombay Stock Exchange)
- Why
- Shareholders approved a 1:10 bonus issue, boosting investor sentiment
- Bonus Issue Ratio
- 1:10
- IPO Price
- Rs 206
- Listing Price
- Rs 290
- 52-Week High
- Rs 674.30
- 52-Week Low
- Rs 294.25
- IPO Subscription
- 154.84 times
- Retail Subscription
- 68.93 times
- NII Subscription
- 310.03 times