Orient Technologies Faces Continued Downward Pressure Amid Weak Market Sentiment

May 09 2025 03:00 PM IST
share
Share Via
Orient Technologies Ltd, a small-cap IT software company, faced significant trading activity today, hitting its lower circuit limit and closing at Rs 312.25. The stock has seen a decline over the past two days and is trading below key moving averages, indicating ongoing market challenges.
Orient Technologies Ltd, a small-cap player in the IT software industry, has experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 312.25, reflecting a decline of Rs 16.4 or 4.99% from the previous trading session. This marks a continuation of a downward trend, with the stock having fallen 8.54% over the last two days.

During today's trading, Orient Technologies reached an intraday low of Rs 312.25, while the highest price recorded was Rs 326.35. The total traded volume stood at approximately 2.24 lakh shares, resulting in a turnover of around Rs 7.11 crore. Notably, the stock opened with a gap down of 4.46%, indicating a weak market sentiment.

In terms of performance metrics, Orient Technologies has underperformed its sector by 4.63% today. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging market position. Despite a rise in delivery volume, the overall liquidity remains adequate for trading.

In summary, Orient Technologies Ltd's performance today reflects ongoing challenges, with the stock hitting its lower circuit limit and continuing its recent downward trajectory.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Why is Orient Tech. falling/rising?
Nov 22 2025 01:37 AM IST
share
Share Via
Why is Orient Tech. falling/rising?
Nov 14 2025 12:08 AM IST
share
Share Via
How has been the historical performance of Orient Tech.?
Nov 13 2025 12:42 AM IST
share
Share Via
Why is Orient Tech. falling/rising?
Nov 11 2025 12:28 AM IST
share
Share Via
Why is Orient Tech. falling/rising?
Nov 07 2025 12:22 AM IST
share
Share Via
Most Read
Why is Vishal Mega Mart falling/rising?
4 hours ago
share
Share Via
Why is Purple United falling/rising?
4 hours ago
share
Share Via
Why is Waaree Energies falling/rising?
4 hours ago
share
Share Via
Why is Gala Precis. Eng falling/rising?
4 hours ago
share
Share Via
Why is Motherson Wiring falling/rising?
4 hours ago
share
Share Via
Why is DCX Systems falling/rising?
4 hours ago
share
Share Via
Why is Jana Small Finan falling/rising?
4 hours ago
share
Share Via