Orbit Corporation looking strong

Orbit Corporation Ltd.In the weak trading sessions, Orbit Corporation has maintained its position in the early trades after making a profit of Rs 19.50 at Rs 419. It has also reached an intraday high of Rs 426.60 in the start.

Due to transformed buying interest in the counter, the trading volumes are also high. Presently, it is dealing with volumes of 385,604 shares, and it had also seen big erosion in the last couple of trading sessions because of fall in worldwide markets. Yesterday, it lost 9.15% or Rs 40.25 at Rs 399.50.

The Group's principal activity is to be involved in the growth and provisioning of Internet Protocol TV. The Group is presently looking for a business relationship to build up new opportunities.

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