{"id":145570,"date":"2025-02-27T15:49:16","date_gmt":"2025-02-27T10:19:16","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=145570"},"modified":"2025-02-27T15:49:19","modified_gmt":"2025-02-27T10:19:19","slug":"it-stock-jumps-after-collaborating-with-amazon-web-services-for-gpu-and-ai-services","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/it-stock-jumps-after-collaborating-with-amazon-web-services-for-gpu-and-ai-services\/","title":{"rendered":"IT stock jumps after collaborating with Amazon Web Services for GPU and AI services"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3301252898\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of this small cap stock engaged in the business of providing IT solutions came into focus after the company announced a collaboration with Amazon Web Services (AWS) India to offer advanced GPU and AI services.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3840388373\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Stock Performance<\/strong><\/h2><p>With a market capitalization of Rs 1,334.83 crore, <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/ORIENTTECH\" target=\"_blank\" rel=\"noreferrer noopener\">Orient Technologies Ltd<\/a><\/strong> jumped over 4 percent in Thursday\u2019s trading session and made a high of\u00a0<\/p><p>Rs 343.35 per share compared to its previous closing price of Rs 328.80 per share. The stock retraced from its day\u2019s high and was trading at Rs 320.55 which is 2 percent lower compared to the previous closing price.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>Orient Technologies Ltd announced in a filing that the company has collaborated with Amazon Web Services (AWS) India to deliver cutting-edge GPU and AI services. By utilizing AWS\u2019s advanced GPU chips, AI solutions, and extensive ecosystem, Orient Technologies seeks to drive AI innovation and support India&#8217;s technological growth.<\/p><div class=\"trade-content_5\" id=\"trade-1730594850\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Management Commentary<\/strong><\/h2><p>Umesh Shah, Director of Orient Technologies Limited commented, \u201cWith AWS\u2019s support, we are poised to play a pivotal role in advancing IndiaAI mission and driving large-scale AI deployment and global innovation. Together, we are dedicated to position India as a global AI leader and drive innovation that will benefit businesses and communities alike.\u201d<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Company Overview<\/strong><\/h2><p>Orient Technologies Ltd. is a leading IT solutions provider specializing in innovative cloud and data management services for enterprises. Focused on driving digital transformation, the company delivers scalable solutions to improve operational efficiency and business resilience.&nbsp;<\/p><p>Orient Technologies\u2019 customers are from various industries like BFSI, Pharma, Healthcare and others. Their marquee clients include Jyothy Labs, ACG and tech partners like Dell International Services India Pvt. Ltd, and Fortinet among others. The company was recently listed in August 2024.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financial Performance<\/strong><\/h2><p>In the latest quarter, Orient Technologies reported a 33 percent YoY increase in revenue from Rs 156 crore to Rs 207 crore. On a quarterly basis however, the revenue fell 7 percent from Rs 223 crore in Q2 FY25.<\/p><p>This was accompanied by a modest 18 percent YoY increase in net profits from Rs 11 crore to Rs 13 crore. On a quarterly basis, the profits fell 13 percent from Rs 15 crore in Q2 FY25.<\/p><p><strong>Written by Shwetha Sairam<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-295381599\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-324997559\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of this small cap stock engaged in the business of providing IT solutions came into focus after the company announced a collaboration with Amazon Web Services (AWS) India to offer advanced GPU and AI services. Stock Performance With a market capitalization of Rs 1,334.83 crore, Orient Technologies Ltd jumped over 4 percent in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":145571,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[24915,27284,24919,24918,948,936,2597],"class_list":["post-145570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-orient-technologies","tag-orient-technologies-latest-news","tag-orient-technologies-news","tag-orient-technologies-share-price","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IT stock jumps after collaborating with Amazon Web Services for GPU and AI services - 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