Broader market indices were trading lower, underperforming their headline peers in morning trade.

As of 30-Sep-2021, promoters held 0.0 per cent stake in the company, while FIIs held 41.47 per cent and domestic institutional investors had 30.77 per cent.

The stock quoted a 52-week high price of Rs 1063.75 and low of Rs 620.55.

The Relative Strength Index of the stock stood at 67.53 on Thursday.

On an average, a Nifty500 stock has fallen 8 per cent in the five-week period, suggesting that the underbelly of the market has seen more pain than what is being reflected by the benchmarks.

The Nifty IT index was trading 0.52 per cent up at 35148.15.

A total of 96 shares changed hands on the counter till 10:51AM (IST).

Orient Cement Ltd., incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 3264.58 Crore) operating in Cement sector.

Nomura India — which recently came out with an extremely bullish report on Va Tech Wabag — says its order book and execution outlook look quite robust. The growing ESG-related water capex will also benefit the company in the long run.

“Growth is coming back in a big way and loan growth will be a key differentiator for the banking sector. ”