₹220.5
Overview of Orient Electric Ltd
Crompton, Havells, Orient, and V-Guard are expected to recover in the Electronic Consumer Durables segment as commodity prices ease, potentially leading to a resurgence in demand.
Orient Electric's ROE Expected to Rise - 19 Sep, 2023
Orient Electric Ltd's ROE is expected to rise from 13% to 23% over the next three years, with a drop in payout ratio from 35% to 28%. The company has shown growth in net income at a rate of 10%.
Orient Electric Positioned as Key Player in BLDC Ceiling Fan Market - 04 Sep, 2023
Orient Electric Ltd's position as a key player in the BLDC ceiling fan market has been highlighted, while an IFMA report notes trends in their product category.
Orient Electric Stock Surpasses 100-Day SMA - 18 Aug, 2023
Orient Electric Ltd's stock closed at Rs 239.45 on August 17, surpassing its 100-day Simple Moving Average.
Orient Electric's Q1FY24 Revenue Grows 14% YoY - 08 Aug, 2023
Orient Electric's Q1FY24 revenue grew by 14% YoY, led by 16% growth in the ECD portfolio. B2B lighting grew 40% YoY while soft B-C demand and price erosion led to lighting growth moderating to 8% YoY. GM expanded by 290bps YoY to 30.7%. Maintain REDUCE.
Orient Electric Reports Rise in Q1 Profit - 02 Aug, 2023
Orient Electric Ltd reports a 3.9% rise in standalone net profit for Q1FY24 and a 13.51% increase in revenue YoY.
Orient Electric Declares Dividend and Completes Land Sale Transaction - 26 Jul, 2023
Orient Electric Ltd announces a final dividend of ₹0.75 per equity share and completes the sale of land parcels totalling 23 acres in Hyderabad, Telangana, for a consideration of ₹35 crores.
Orient Electric Ltd Reduces Dividend - 17 Jul, 2023
Orient Electric Ltd is reducing its dividend to ₹0.75 from last year's comparable payment, with a dividend yield of 0.6%. The company has only grown EPS at 3.3% per annum over the past five years and pays out a lot of earnings to shareholders.
Orient Electric Outperforms 100 SMA, Recommended Buy - 10 Jul, 2023
Orient Electric Ltd's stock price closed at Rs 252.30, surpassing the 100 SMA of Rs 246.03. A recommendation was made to buy with a target of Rs 270 and stop loss of Rs 242.
Source: S&P Global Market Intelligence
Day's Volatility:0.02%
Upside
0.02%
2.74%
Downside
52 Weeks Volatility:34.72%
Upside
31.97%
Returns % | |
1 Month Return | -5.04 % |
3 Month Return | -5.6 % |
1 Year Return | -17.63 % |
Market Stats | |
Previous Close | ₹224.25 |
Open | ₹220.55 |
Volume | 3.21L |
Market Cap | ₹4,784.73Cr |
Organisation | Orient Electric Ltd |
Headquarters | New Delhi |
Industry | Consumer Durables |
E-voting on shares | Click here to vote |
Fundamentals of Orient Electric Ltd
Mutual Funds have increased holdings from 26.53% to 26.91% in Jun 2023 quarter
In the last 1 year, Symphony Ltd has given 0.1% return, outperforming this stock by 17.7%
In the last 3 years, Bajaj Electricals Ltd has given 122.6% return, outperforming this stock by 97.4%
Promoters have decreased holdings from 38.41% to 38.31% in Jun 2023 quarter
Retail Investor have decreased holdings from 28.24% to 27.68% in Jun 2023 quarter
In the last 1 year, ORIENTELEC stock has moved down by -17.6%
Foreign Institutions have decreased holdings from 5.75% to 5.51% in Jun 2023 quarter
Funds | Holdings |
![]() | 2.72% |
![]() | 0.67% |
![]() | 1.01% |
![]() | 1.1% |
![]() | 1.69% |
Investors | Holdings % | Prev. 2 periods | 3M change |
---|---|---|---|
Promoter Holdings | 38.31% | ||
Foreign Institutions | 5.51% | ||
Mutual Funds | 26.91% | 1.43 | |
Retail Investors | 27.68% | ||
Others | 1.6% | 49.44 |
Technicals of Orient Electric Ltd share
News & Events of Orient Electric Ltd
Orient Electric Ltd(ORIENTELEC | Price |
---|---|
52 Week High | ₹291 |
52 Week Low | ₹214.45 |
Orient Electric Ltd(ORIENTELEC | Returns |
---|---|
1 Day Returns | -3.75% |
1 Month Returns | -5.04% |
3 Month Returns | -5.6% |
1 Year Returns | -17.63% |