₹290 apiece on the BSE, a premium of 40.78% to the issue price of ₹206 per share. Orient Technologies IPO listing was in line with the Street expectations.
Stay tuned to our Orient Technologies share price live blog for the latest updates:Orient Technologies Share Price Live: Prathamesh Masdekar, Research Analyst, StoxBox expected Orient Technologies’ listing premium of 38% above its upper band price.“As we advance, Orient Technologies' financial performance is likely to be driven by expanding its product and services portfolio, increasing its global footprint, long-term relationships with customers, and collaboration with technology partners, thereby heightening its ability to design and innovate products and provide solutions tailored to specific customer requirements" he said.Thus, Masdekar advises the market participants who have been allotted Orient Technologies shares to hold them from a medium to long term perspective.Orient Technologies Share Price Live: Orient Technologies, a seasoned IT solutions provider and its long track record, diverse clientele, and consistent financial growth underscore its strong market position. While Orient Technologies benefits from a strong market presence and a comprehensive IT solutions portfolio, it faces challenges such as reliance on key clients, technology partnerships, and government tenders.
Read more on livemint.com