Shares of Orient Technologies Limited gained over 2% to ₹363.40 today after the company announced securing a significant purchase order from Protean eGov Technologies Limited.
According to an exchange filing, the order is for AWS infrastructure procurement, setup, and ongoing support, with an estimated value of around ₹29.86 crore over five years, excluding taxes and subject to actual usage.
In its filing, the company stated:
“We wish to inform you that Orient Technologies Limited has been awarded a Purchase Order from Protean eGov Technologies Limited for AWS Infrastructure Procurement, Setup, and Support. This order enhances our footprint in the enterprise cloud solutions and managed services domain.”
The deal marks an important milestone for Orient Technologies, further strengthening its presence in the enterprise cloud solutions and managed services space.
The stock reacted positively to the news, reflecting investor confidence in the company’s expanding cloud and managed services business.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult a financial advisor before making investment decisions.
