Orient Electric Share Price
Start SIP in Orient Electric
Start SIPOrient Electric Performance
Day Range
- Low 252
- High 257
52 Week Range
- Low 189
- High 297
- Open Price256
- Previous Close254
- Volume336457
Orient Electric Investment Rating
-
Master Rating:
-
Orient Electric has an operating revenue of Rs. 2,861.35 Cr. on a trailing 12-month basis. An annual revenue growth of 11% is good, Pre-tax margin of 3% needs improvement, ROE of 11% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and around 9% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 26 which is a POOR score indicating inconsistency in earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 33 indicates it belongs to a strong industry group of Hsehold-Appliances/Wares and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 755 | 788 | 752 | 567 | 706 | 658 |
| Operating Expenses Qtr Cr | 715 | 757 | 703 | 546 | 662 | 612 |
| Operating Profit Qtr Cr | 40 | 31 | 49 | 21 | 44 | 46 |
| Depreciation Qtr Cr | 18 | 15 | 15 | 14 | 14 | 14 |
| Interest Qtr Cr | 6 | 7 | 5 | 5 | 6 | 6 |
| Tax Qtr Cr | 5 | 1 | 8 | 5 | 7 | 8 |
| Net Profit Qtr Cr | 14 | 13 | 24 | 18 | 20 | 25 |
Orient Electric Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 5
- Bearish Moving Average
- ___
- 11
- 20 Day
- ₹263.59
- 50 Day
- ₹262.61
- 100 Day
- ₹253.29
- 200 Day
- ₹243.26
- 20 Day
- ₹264.92
- 50 Day
- ₹267.87
- 100 Day
- ₹251.20
- 200 Day
- ₹232.51
Orient Electric Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 257.62 |
| Second Resistance | 259.63 |
| Third Resistance | 262.27 |
| RSI | 40.84 |
| MFI | 43.43 |
| MACD Single Line | -1.41 |
| MACD | -2.52 |
| Support | |
|---|---|
| First Support | 252.97 |
| Second Support | 250.33 |
| Third Supoort | 248.32 |
Orient Electric Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 340,020 | 21,023,437 | 61.83 |
| Week | 278,773 | 13,673,796 | 49.05 |
| 1 Month | 310,755 | 13,825,503 | 44.49 |
| 6 Month | 552,596 | 25,762,024 | 46.62 |
Orient Electric Result Highlights
Orient Electric Synopsis
NSE-Hsehold-Appliances/Wares
Orient Electric is involved in the business activities of Manufacture of electric fans (except exhaust fans). Company’s Total Operating Revenue is Rs. 2812.12 Cr. and Equity Capital is Rs. 21.34 Cr. for the Year ended 31/03/2024. Orient Electric Ltd. is a Public Limited Listed company incorporated on 10/10/2016 and has its registered office in the State of Orissa, India. Company’s Corporate Identification Number(CIN) is L31100OR2016PLC025892 and registration number is 025892.| Market Cap | 5,454 |
| Sales | 2,861 |
| Shares in Float | 13.23 |
| No of funds | 108 |
| Yield | 0.59 |
| Book Value | 8.54 |
| U/D Vol ratio | 1.2 |
| LTDebt / Equity | |
| Alpha | -0.05 |
| Beta | 0.91 |
Orient Electric Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 38.31% | 38.31% | 38.31% | 38.31% |
| Mutual Funds | 26.33% | 25.97% | 28.49% | 29.16% |
| Insurance Companies | 0.67% | 0.67% | 0.67% | 0.71% |
| Foreign Portfolio Investors | 6.56% | 6.52% | 5.94% | 5.69% |
| Financial Institutions/ Banks | 0.07% | 0.07% | 0.07% | 0.07% |
| Individual Investors | 12.3% | 13.14% | 11.71% | 11.07% |
| Others | 15.76% | 15.32% | 14.81% | 14.99% |
Orient Electric Management
| Name | Designation |
|---|---|
| Mr. Chandra Kant Birla | Chairman |
| Mr. Ravindra Singh Negi | Managing Director & CEO |
| Mr. TCA Ranganathan | Independent Director |
| Mr. K Pradeep Chandra | Independent Director |
| Mrs. Alka Marezban Bharucha | Independent Director |
| Mr. Raju Lal | Independent Director |
Orient Electric Forecast
Price Estimates
Orient Electric Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-01 | Quarterly Results | |
| 2024-05-09 | Audited Results & Final Dividend | |
| 2024-02-01 | Quarterly Results & Interim Dividend | |
| 2023-11-03 | Quarterly Results | |
| 2023-08-02 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-02-13 | INTERIM | Rs.0.75 per share(75%)Interim Dividend |
| 2023-02-09 | INTERIM | Rs.0.75 per share(75%)Interim Dividend |
| 2022-02-02 | INTERIM | Rs.0.75 per share(75%)Interim Dividend |
| 2021-02-10 | INTERIM | Rs.0.75 per share(75%)Interim Dividend |
Orient Electric FAQs
What is Share Price of Orient Electric ?
Orient Electric share price is ₹255 As on 15 September, 2024 | 03:53
What is the Market Cap of Orient Electric ?
The Market Cap of Orient Electric is ₹5453.6 Cr As on 15 September, 2024 | 03:53
What is the P/E ratio of Orient Electric ?
The P/E ratio of Orient Electric is 78 As on 15 September, 2024 | 03:53
What is the PB ratio of Orient Electric ?
The PB ratio of Orient Electric is 8.5 As on 15 September, 2024 | 03:53