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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. ”

“Do not run away from the new age tech IPO space because of the Paytm episode; be careful, be diversified and I am sure the pricing will also be much more reasonable, leaving room for gain for investors.”

“IT is a sector that has done phenomenally well this year and last year and will continue to do well.”

Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 8928.15 Crore) operating in Metals - Ferrous sector.