Orient Technologies Stock Surges After Shareholder Approval for 1:10 Bonus Issue
1 hour agoBusiness
30LENS
3 SourcesMumbai, India
TBNthebalanced.news
Orient Technologies Stock Surges After Shareholder Approval for 1:10 Bonus Issue

Orient Technologies' stock experienced a significant surge, with shares jumping over 14% on Tuesday and 9% on Wednesday, following shareholder approval for a 1:10 bonus share issue. This move, the company's first bonus issuance, aims to boost investor confidence. While the stock has seen recent gains, it has experienced a decline over the past year and year-to-date. The company, an IT solutions provider, has set January 5, 2026, as the record date for bonus share eligibility.

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