Introduction

Orient Technologies Ltd. provides information technology solutions. It operates through the following segments: IT Infrastructure, Cloud and Data Management Services, and ITeS. The IT Infrastructure segment offers data center solutions and end-user computing. The Cloud and Data Management Services include migration of workload from data centers to cloud. The ITeS segment provides monitoring, maintenance, and support for IT systems.

Observation

As we can see stock breakout it last high with good trading volume and bullish candlestick and strong RSI trade above 20-week ema. After breakout stock retesting.

Let's touch fundamentals

• ROCE - 34%
• ROE - 27%
• Debt to equity - 0.03
• PE - 43
• Promoter Holding - 73%
  
• Public holding - 22%
• Promoter Holding Pledge - zero

• Weekly chart
• Higher High
  
  

1. Hindustan Unilever, the Indian arm of Unilever, said it would follow its parent company and spin off its ice-cream business.The subsidiary of the consumer-goods giant behind brands such as Dove soap and Knorr stock cubes on late Monday said the board had proposed shareholders receive shares in the new entity in proportion to their shareholding in Hindustan Unilever.

2. Wipro Indian IT services major has appointed Omkar Nisal as chief executive officer for its Europe Strategic Market Unit, with effect from Monday, according to a same-day disclosure.

3. Bata India has appointed Durgesh Singh as the chief financial officer and key managerial personnel of the company, effective Dec. 1, according to a Friday filing to the stock exchanges.

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Tue Nov 26, 2024