Why is Orient Tech. falling/rising?
As of 13-Nov, Orient Technologies Ltd's stock price is Rs 393.45, down 0.52%, with a significant decline of 17.36% over the past month. Despite positive financial results, the stock's performance has been negative, contrasting with the broader market's gains.
As of 13-Nov, Orient Technologies Ltd is experiencing a decline in its stock price, currently at Rs 393.45, reflecting a decrease of Rs 2.05 or 0.52%. The stock has been on a downward trend, having lost 4.77% over the last two days and is down 17.36% over the past month. Despite touching an intraday low of Rs 381, the stock remains liquid with a delivery volume increase of 23.01% compared to the 5-day average. While the company has reported positive financial results, including the highest net sales and profits in the last quarter, the stock's performance has been negative over the past year, generating a return of -2.66%.In the broader market context, the Sensex has shown a positive return of 1.40% over the past week and 2.61% over the past month, contrasting sharply with Orient Technologies' significant declines. This disparity indicates that while the overall market is performing well, Orient Technologies is struggling to keep pace. The company's low debt-to-equity ratio and attractive valuation, with a return on equity of 14.1 and a price-to-book value of 4.6, suggest potential for recovery; however, the recent performance metrics indicate that investor sentiment remains cautious, contributing to the stock's current downward trajectory.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
