Onward Technologies517536Engineering and technology
Onward Technologies shares surged over 10% ahead of Q2 results due Friday, on heavy volumes and strong order book outlook
By ScoutQuest · · 1 min read
- Stock move today
- more than 10 percent
- 5-day gain
- 20 percent
- 1-month gain
- 27 percent
- 6-month gain
- 35 percent
- 1-year gain
- 16 percent
Heard on business television between 13:52:58 - 13:55:58 IST.
- Stock up over 10% today, 20% in last five days, 27% over a month, 35% over six months and 16% over a year, with volume at 6.7 times the 12-day average.
- Q1 revenue rose about 9%, EBITDA rose about 20%, margins improved 113 bps to 12.1%.
- Order book for FY27 is higher than previous year's revenue, seen as a key positive; company won a 33 crore rupee order from a North American engineering contract expected to ramp up by Q3.
- Company sees strong sales funnel for Q2-Q4, rising demand from data centre investment and power management companies expanding engineering spending, and is participating in multiple large global RFQ deals.
- Analyst Narendra said no active recommendation, noting growth driven by industrial, transportation and Medtech verticals, with Medtech (currently under 5% of revenue) expected to be a key future growth and margin driver.
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Also from Onward Technologies
Audio recording of October 16, 2026 conference call uploaded on company website
17 Oct 2026
Q2 FY27 revenue up 22.2% YoY, EBITDA up 33.7%; FY27 outlook raised to 15-18% revenue growth
16 Oct 2026
Board approves Sept quarter and half-year results; auditors issue unmodified limited review conclusion
16 Oct 2026
Source: Live TV News Channel · 14 Oct 2026
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