Oricon Enterprises Ltd

Oricon Enterprises Ltd (ORICONENT)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-20.84 %
3 Month Return-19.76 %
1 Year Return2.12 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 2
Rank 15
Rank 26
Dividend Yield
Rank 6
Rank 70
Price To Book Ratio
Rank 1
Debt To Asset
Rank 35

Company Information

Oriental Containers Limited incorporated in the year 1968 as a private limited company. It transformed as a public limited company in the year 1970. This company promoted by the Somani group a member of Parjiat Enterprises. The other companies associated with the group are Kopran Shree Vindhya Paper Mills G Claridge Company United Shippers and the Aluminium Industries.The company commenced operations with the manufacture of metal containers and closures like pilferproof caps and rollon pilferproof caps. In 1983 it set up facilities to manufacture aluminium collapsible tubes. In 1991 OCL diversified into the petrochemical industry to manufacture import substitutes and speciality solvents. The companys products are sourced by some of the best companies in the country such as Indian Oil Gulf Oil Pennzoil Glaxo Bayer ColgatePalmolive Kissan McDowell Shaw Wallace Reliance IPCL BASF etc. In 199293 Parijat Shipping and Finale PSFL became a subsidiary of the company. PSFL is engaged in hiring / chartering barges.In a major diversification in 1983 a plant was set up in Thane district for the manufacture of 25 million numbers p.a of aluminium collapsible tubes.In 199899 the company increased its installed capacity of Aluminium Collapsible Tubes/Rigid Containers by 22000000 Nos thereby taking its installed capacity to 170000000 Nos.The Metal Packaging division has received ISO9002 Certification recognised by Quality Certification Bureau Inc. in 19992000. The company has been awarted with two India Star Award for its innovative products which is the highest recognition for excellence in Packaging.
OrganisationOricon Enterprises Ltd