Onward Technologies Ltd Share Price – NSE  /  BSE

IT - Software, Small Cap

Net profit of Onward Technologies rose 176.02% to Rs 6.79 crore in the quarter ended December 2023 as against Rs 2.46 crore during the previous quarter ended December 2022. Sales declined 1.46% to Rs 114.09 crore in the quarter ended December 2023 as against Rs 115.78 crore during the previous quarter ended December 2022.

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Onward Technologies will hold a meeting of the Board of Directors of the Company on 19 January 2024.

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Onward Technologies Ltd rose 8.27% today to trade at Rs 616.5. The S&P BSE IT Sector index is up 2.14% to quote at 34476.59. The index is up 10.13 % over last one month. Among the other constituents of the index, Tanla Platforms Ltd increased 6.63% and Mphasis Ltd added 4.17% on the day. The S&P BSE IT Sector index went up 15.82 % over last one year compared to the 12.07% surge in benchmark SENSEX.

Onward Technologies Ltd has added 12.37% over last one month compared to 10.13% gain in S&P BSE IT Sector index and 8.17% rise in the SENSEX. On the BSE, 11.08 lakh shares were traded in the counter so far compared with average daily volumes of 6212 shares in the past one month. The stock hit a record high of Rs 662.7 on 07 Sep 2023. The stock hit a 52-week low of Rs 267.6 on 16 Mar 2023.

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Onward Technologies has allotted 3,800 equity shares under ESOP on 05 December 2023.

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