Orient Electric
- Advice
- Hold
Orient Electric Performance
Day Range
- Low 215.8
- High 217.8
52 Week Range
- Low 207.7
- High 291
- Open Price216
- Previous Close216.85
- Volume142270
Start SIP in Orient Electric
Start SIPOrient Electric Investment Rating
-
Master Rating:
-
Orient Electric has an operating revenue of Rs. 2,669.48 Cr. on a trailing 12-month basis. An annual revenue growth of 4% is not great, Pre-tax margin of 4% needs improvement, ROE of 12% 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 key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 81 which is a GOOD score indicating consistency in earnings, a RS Rating of 8 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 147 indicates it belongs to a poor 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 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 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 567 | 706 | 658 | 739 | 511 | 622 | 753 |
Operating Expenses Qtr Cr | 546 | 662 | 612 | 684 | 499 | 583 | 673 |
Operating Profit Qtr Cr | 21 | 44 | 46 | 55 | 12 | 38 | 81 |
Depreciation Qtr Cr | 14 | 14 | 14 | 14 | 13 | 13 | 12 |
Interest Qtr Cr | 5 | 6 | 6 | 6 | 5 | 5 | 6 |
Tax Qtr Cr | 5 | 7 | 8 | 11 | 0 | 6 | 17 |
Net Profit Qtr Cr | 18 | 20 | 25 | 33 | 0 | 19 | 49 |
Orient Electric Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 16
- 20 Day
- ₹217.8
- 50 Day
- ₹221.21
- 100 Day
- ₹226.88
- 200 Day
- ₹237.41
- 20 Day
- ₹217.55
- 50 Day
- ₹219.78
- 100 Day
- ₹229.08
- 200 Day
- ₹238.01
Orient Electric Resistance and Support
Resistance | |
---|---|
First Resistance | ₹221.44 |
Second Resistance | ₹226.02 |
Third Resistance | ₹229.94 |
RSI | 46.61 |
MFI | 32.74 |
MACD Single Line | -1.28 |
MACD | -1.18 |
Support | |
---|---|
First Resistance | ₹212.94 |
Second Resistance | ₹209.02 |
Third Resistance | ₹204.44 |
Orient Electric Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 393,523 | 11,813,560 | 30.02 |
Week | 196,677 | 8,590,830 | 43.68 |
1 Month | 215,912 | 8,930,126 | 41.36 |
6 Month | 369,154 | 21,052,869 | 57.03 |
Orient Electric Result Highlights
Orient Electric Synopsis
NSE-Hsehold-Appliances/Wares
Orient Electric is involved in the business activities of Manufacture of domestic appliances. Company’s Total Operating Revenue is Rs. 2529.17 Cr. and Equity Capital is Rs. 21.28 Cr. for the Year ended 31/03/2023. 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 | 4,609 |
Sales | 2,669 |
Shares in Float | 13.23 |
No of funds | 111 |
Yield | 0.69 |
Book Value | 7.89 |
U/D Vol ratio | 0.6 |
LTDebt / Equity | |
Alpha | -0.1 |
Beta | 0.34 |
Orient Electric
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 38.31% | 38.31% | 38.41% | 38.42% |
Mutual Funds | 29.16% | 26.91% | 26.53% | 25.64% |
Insurance Companies | 0.71% | 0.67% | 0.67% | 0.67% |
Foreign Portfolio Investors | 5.69% | 5.5% | 5.75% | 6.13% |
Financial Institutions/ Banks | 0.07% | 0.07% | 0.07% | 0.07% |
Individual Investors | 11.07% | 12.61% | 12.28% | 12% |
Others | 14.99% | 15.93% | 16.29% | 17.07% |
Orient Electric Management
Name | Designation |
---|---|
Mr. Chandra Kant Birla | Non Executive Chairman |
Mr. Desh Deepak Khetrapal | Non Executive Vice Chairman |
Mr. Rajan Gupta | Managing Director & CEO |
Ms. Alka Marezban Bharucha | Independent Director |
Mr. K Pradeep Chandra | Independent Director |
Mr. TCA Ranganathan | Independent Director |
Orient Electric Forecast
Price Estimates
Orient Electric Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-03 | Quarterly Results | |
2023-08-02 | Quarterly Results | |
2023-05-12 | Audited Results & Final Dividend | |
2023-01-30 | Quarterly Results & Interim Dividend | |
2022-11-03 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
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 ₹216 As on 29 November, 2023 | 16:15
What is the Market Cap of Orient Electric ?
The Market Cap of Orient Electric is ₹4613 Cr As on 29 November, 2023 | 16:15
What is the P/E ratio of Orient Electric ?
The P/E ratio of Orient Electric is 48.4 As on 29 November, 2023 | 16:15
What is the PB ratio of Orient Electric ?
The PB ratio of Orient Electric is 7.9 As on 29 November, 2023 | 16:15