Orient Abrasives
Orient Abrasives Performance
Day Range
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- High
52 Week Range
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Start SIP in Orient Abrasives
Start SIPOrient Abrasives Investment Rating
-
Master Rating:
-
Orient Abrasives has an operating revenue of Rs. 302.21 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, Pre-tax margin of 6% is okay, ROE of 5% is fair but needs improvement. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and around 8% up from its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 83 which is a GOOD score indicating consistency in earnings, a RS Rating of 35 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 124 indicates it belongs to a poor industry group of Metal Proc & Fabrication and a Master Score of D is close to being the worst. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 81 | 51 | 62 | 90 | 69 |
| Operating Expenses Qtr Cr | 74 | 48 | 58 | 83 | 66 |
| Operating Profit Qtr Cr | 8 | 3 | 4 | 7 | 3 |
| Depreciation Qtr Cr | 2 | 2 | 2 | 2 | 2 |
| Interest Qtr Cr | 1 | 1 | 1 | 1 | 1 |
| Tax Qtr Cr | 1 | 1 | 1 | 1 | 1 |
| Net Profit Qtr Cr | 5 | 2 | 2 | 3 | 2 |
Orient Abrasives Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹26.64
- 50 Day
- ₹26.02
- 100 Day
- ₹26.35
- 200 Day
- ₹27.2
- 20 Day
- ₹26.54
- 50 Day
- ₹25.24
- 100 Day
- ₹26.05
- 200 Day
- ₹28.16
Orient Abrasives Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹27.59 |
| Second Resistance | ₹27.77 |
| Third Resistance | ₹27.94 |
| RSI | 70.49 |
| MFI | 72.41 |
| MACD Single Line | 0.53 |
| MACD | 0.66 |
| Support | |
|---|---|
| First Resistance | ₹27.24 |
| Second Resistance | ₹27.07 |
| Third Resistance | ₹26.89 |
Orient Abrasives Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 116,945 | 7,486,819 | 64.02 |
| Week | 101,201 | 6,485,959 | 64.09 |
| 1 Month | 62,976 | 4,140,665 | 65.75 |
| 6 Month | 58,183 | 3,719,626 | 63.93 |
Orient Abrasives Result Highlights
Orient Abrasives Synopsis
NSE-Metal Proc & Fabrication
Orient Abrasives is involved in the business activities of Manufacture of refractory products. Company’s Total Operating Revenue is Rs. 283.85 Cr. and Equity Capital is Rs. 11.97 Cr. for the Year ended 31/03/2023. Orient Abrasives Ltd. is a Public Limited Listed company incorporated on 12/11/1971 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L24299MH1971PLC366531 and registration number is 093248.| Market Cap | 335 |
| Sales | 284 |
| Shares in Float | 4.31 |
| No of funds | 7 |
| Yield | 0.91 |
| Book Value | 1.29 |
| U/D Vol ratio | 0.9 |
| LTDebt / Equity | 2 |
| Alpha | -0.03 |
| Beta | 0.72 |
Orient Abrasives
| Owner Name | Mar-23 | Dec-22 | Sep-22 | Jun-22 |
|---|---|---|---|---|
| Promoters | 63.58% | 63.58% | 63.58% | 63.58% |
| Foreign Portfolio Investors | 13.23% | 13.22% | 13.26% | 13.23% |
| Financial Institutions/ Banks | ||||
| Individual Investors | 18.44% | 18.36% | 18.27% | 18.29% |
| Others | 4.75% | 4.84% | 4.89% | 4.9% |
Orient Abrasives Management
| Name | Designation |
|---|---|
| Mr. Harish Motiwalla | Chairman & Ind.Dire (Non-Exe) |
| Mr. Manubhai Rathod | WholeTime Director & CEO |
| Mrs. Chaitali Salot | Non Exe.Non Ind.Director |
| Mr. Hemul Shah | Non Exe.Non Ind.Director |
| Mrs. Neeta Shah | Ind. Non-Executive Director |
| Mr. Ketan Shrimankar | Ind. Non-Executive Director |
Orient Abrasives Forecast
Price Estimates
Orient Abrasives Corporate Action
Orient Abrasives FAQs
What is Share Price of Orient Abrasives ?
Orient Abrasives share price is ₹28 As on 29 May, 2023 | 21:21
What is the Market Cap of Orient Abrasives ?
The Market Cap of Orient Abrasives is ₹337.4 Cr As on 29 May, 2023 | 21:21
What is the P/E ratio of Orient Abrasives ?
The P/E ratio of Orient Abrasives is 23.7 As on 29 May, 2023 | 21:21
What is the PB ratio of Orient Abrasives ?
The PB ratio of Orient Abrasives is 1.3 As on 29 May, 2023 | 21:21