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IT stock jumps after partnering with Amazon Web Services India for GPU and AI services

Prominent IT solutions provider has teamed up with Amazon Web Services India to enhance AI development with advanced GPU services, reducing costs, improving efficiency, and supporting the IndiaAI mission for sustainable technological progress.
IT stock surges after partnering with AWS India to enhance GPU and AI service offerings.
IT stock surges after partnering with AWS India to enhance GPU and AI service offerings.

Introduction:

Leading IT solutions provider has partnered with Amazon Web Services India to offer advanced GPU and AI services. This collaboration supports the IndiaAI mission, enhancing AI development, reducing costs, and promoting sustainable technological progress through cutting-edge cloud and AI solutions.

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Also Read: Pharma stock jumps after it launches vaccine for influenza virus in India

Share price movement of Orient Technologies:

On February 27, 2025, Orient Technologies Ltd opened at ₹343.35, up 2.22% from its previous close of ₹328.80. The stock reached a high of ₹343.35 and a low of ₹313.05. By 2:10 PM, it traded at ₹321.50, with a market cap of ₹1,338.78 crore.

Orient Technologies Partners with AWS India:

Orient Technologies has announced a collaboration with Amazon Web Services (AWS) India to enhance AI and GPU capabilities. The partnership aims to accelerate AI development in India, supporting MeitY’s IndiaAI mission by providing cutting-edge cloud and data solutions.

By leveraging AWS’s advanced GPU chips and AI services, Orient Technologies will enable businesses to optimize costs and scale AI applications efficiently. AWS GPUs offer over 50% cost reduction and 25% greater energy efficiency, ensuring sustainable technological growth aligned with IndiaAI’s long-term vision.

This collaboration strengthens India’s AI ecosystem, allowing rapid deployment of AI solutions on a global scale. Orient Technologies remains committed to innovation, ensuring businesses harness AI’s full potential while reinforcing India’s position as a leader in artificial intelligence and cloud computing.

Recent news on Orient Technologies:

As of February 06, 2025, Orient Technologies Ltd approved acquiring a 60% stake in eProtect 360 Solutions for ₹2.25 crore, strengthening its cybersecurity portfolio and enhancing security service offerings through eProtect 360’s expertise.

Stock performance of Orient Technologies for Period of 1 week, 1 month and 6 months:

Orient Technologies Ltd’s stock showed a decline of 3.54% over the past week and dropped significantly by 32.3% in one month. However, its six-month performance remained relatively stable, with a marginal dip of 1.12%, reflecting mixed market sentiments.

Also Read: Tata group stock jumps after signing MoU worth ₹30,000 Cr with Assam Govt for of renewable and clean energy

Shareholding pattern of Orient Technologies:

ParticularsDec 2024Sep 2024Aug 2024
Promoter73.20%73.20%73%
FII2.20%3.60%6.50%
DII0.00%1.90%6.00%
Public24.60%21.40%14.30%
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About Orient Technologies:

Orient Technologies Ltd. (NSE: ORIENTTECH) is a leading IT solutions provider specializing in cloud and data management. Focused on digital transformation, it offers scalable services, enhances operational efficiency, and expands cloud and cybersecurity solutions to meet evolving business needs.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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