BUZZ-India's Orient Technologies rises after order win

Reuters
07/10
BUZZ-India's Orient Technologies rises after order win

** Shares of Orient Technologies Ltd ORIC.NS rise as much as 3% to 366.75 rupees ** IT co gets purchase order from Protean eGov Technologies Ltd PROO.NS for AWS infrastructure procurement, setup, support** Says total estimated value of the order for over a 5-year period is ~298.6 mln rupees ($3.5 mln)

** Stock on track to gain for third straight session

** More than 185,000 shares traded as of 9:34 a.m. IST, more than half of their 30-day moving avg of 272,624 shares** ORIC last up 1.4%, cutting YTD losses to 25.9%

($1 = 85.5940 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

((meenakshi.maidas@thomsonreuters.com;))

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