ORIENTABRA

ORIENT ABRASIVES

Small Cap BSE: 504879 NSE: ORIENTABRA
₹28.55
-0.9 (-3.06%)
As on 10 December, 2022 | 08:00

Orient Abrasives Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Orient Abrasives Share Price

Orient Abrasives Share Returns

  • Over 1 Month -4.99%
  • Over 3 Month -12.56%
  • Over 6 Month -0.87%
  • Over 1 Year 2.7%

Orient Abrasives Key Statistics

Orient Abrasives Investment Rating

  • Master Rating:
  • Orient Abrasives has an operating revenue of Rs. 281.50 Cr. on a trailing 12-month basis. An annual revenue de-growth of -13% needs improvement, Pre-tax margin of 3% needs improvement, ROE of 2% is fair but needs improvement. 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 close to 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 63 which is a FAIR score but needs to improve its earnings, a RS Rating of 34 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 75 indicates it belongs to a poor industry group of Metal Proc & Fabrication and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Orient Abrasives Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 62906943727484
Operating Expenses Qtr Cr 58836640686876
Operating Profit Qtr Cr 4733468
Depreciation Qtr Cr 2223333
Interest Qtr Cr 1111111
Tax Qtr Cr 1111003
Net Profit Qtr Cr 2321123

Orient Abrasives Technicals

EMA & SMA

Current Price
28.55
-0.9 (-3.06%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 29.4
  • 50 Day
  • 29.72
  • 100 Day
  • 29.76
  • 200 Day
  • 29.49
  • 20 Day
  • 29.32
  • 50 Day
  • 29.83
  • 100 Day
  • 29.91
  • 200 Day
  • 29.46

Orient Abrasives Resistance and Support

PIVOT
₹29.5
Resistance
First Resistance 29.75
Second Resistance 30.05
Third Resistance 30.3
RSI 41.87
MFI 54.67
MACD Single Line -0.16
MACD -0.17
Support
First Resistance 29.2
Second Resistance 28.95
Third Resistance 28.65

Orient Abrasives Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 100,531 8,293,808 82.5
Week 60,868 4,373,989 71.86
1 Month 68,805 4,567,279 66.38
6 Month 121,980 6,106,321 50.06

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. 258.31 Cr. and Equity Capital is Rs. 11.97 Cr. for the Year ended 31/03/2022. 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 342
Sales 264
Shares in Float 4.31
No of funds 9
Yield 0.53
Book Value 1.38
U/D Vol ratio 0.5
LTDebt / Equity 1
Alpha 0.02
Beta 1.07

Orient Abrasives

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 63.58%63.58%63.58%
Foreign Portfolio Investors 13.26%13.23%13.23%
Financial Institutions/ Banks
Individual Investors 18.27%18.29%18.17%
Others 4.89%4.9%5.02%

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

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Orient Abrasives Corporate Action

Date Purpose Remarks
2022-11-09 Quarterly Results
2022-08-08 Quarterly Results
2022-05-24 Audited Results & Final Dividend
2022-02-07 Quarterly Results
2021-11-01 Quarterly Results
Date Purpose Remarks
2021-09-16 FINAL Rs.0.15 per share(15%)Dividend

Orient Abrasives FAQs

What is Share Price of Orient Abrasives ?

Orient Abrasives share price is ₹28 As on 10 December, 2022 | 07:46

What is the Market Cap of Orient Abrasives ?

The Market Cap of Orient Abrasives is ₹341.6 Cr As on 10 December, 2022 | 07:46

What is the P/E ratio of Orient Abrasives ?

The P/E ratio of Orient Abrasives is 37.8 As on 10 December, 2022 | 07:46

What is the PB ratio of Orient Abrasives ?

The PB ratio of Orient Abrasives is 1.4 As on 10 December, 2022 | 07:46

Q2FY23