This small-cap tech stock gains 12% after bagging Rs.76 crore NPCI order
New Delhi, July 27 -- Shares of small-cap Orient Technologies surged 12% in Monday's trading session, July 27, to hit an intraday high of Rs.290 apiece after the company announced a fresh order win from the National Payments Corporation of India (NPCI).
In a regulatory filing on Friday, the company said it had secured a Rs.76.2 crore order (excluding GST), which is scheduled to be executed over 18 weeks. The order is for the supply of servers with End-of-Sale support and a seven-year warranty, backed by back-to-back support from the original equipment manufacturer (OEM).
According to the company, the order further strengthens its position in delivering enterprise infrastructure solutions and reinforces its capabilities in the IT infrast...
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