Stock of Orient Beverages up by 54% in just 6 days

1 Dec 2022 , 03:01 PM

After reaching a five-year high of Rs 179.05 on the BSE on Thursday, shares of Orient Beverages were stuck in the 5% upper circuit for the sixth straight trading day. Over the period, the stock has increased by 54%. The stock has also increased 81 cents over the past month, outperforming the S&P BSE Sensex’s 3.8% gain. Since July 2017, it has not traded at a higher level.

According to exchange data, there have been 4,712 share transactions on the counter so far, and there are 13,256 pending buy orders on the BSE. The stock is currently categorized as belonging to the BSE’s “X” category. Stocks that are solely listed on the BSE and are settled trade-by-trade are included in the X group.

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