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Orchasp touches roof on entering into MoU with S.A Tech Software India

30 Jan 2024 Evaluate

Orchasp is currently trading at upper limit of Rs. 5.62, up by 0.26 points or 4.85% from its previous closing of Rs. 5.36 on the BSE.

The scrip opened at Rs. 5.62 and has touched a high and low of Rs. 5.62 and Rs. 5.62 respectively. So far 279779 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 2 has touched a 52 week high of Rs. 5.62 on 30-Jan-2024 and a 52 week low of Rs. 1.99 on 29-May-2023.

Last one week high and low of the scrip stood at Rs. 5.62 and Rs. 4.41 respectively. The current market cap of the company is Rs. 84.21 crore.

The promoters holding in the company stood at 24.89%, while Non-Institutions held 75.11% stake in the company.

Orchasp has entered into a Memorandum of Understanding (MoU) with S.A Tech Software India. S. A Tech and Orchasp shall source and execute Software Development, and Cloud Services to begin with in India. The MoU is for a period of 2 years.

Orchasp is in the business of providing technological solutions to their clients and consumers. The company also has expertise in the field of Platform related services.

Peers
Company Name CMP
TCS 2085.90
Infosys 1019.20
HCL Technologies 1256.00
Wipro 164.80
Tech Mahindra 1555.00
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