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Orient Electric Ltd

(ORIENTELEC)

₹260.750.04%

as on 04:01PM, 06 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 15 analysts

BUY

60.00%

Buy

33.33%

Hold

6.67%

Sell

Based on 15 analysts offering long term price targets for Orient Electric Ltd. An average target of ₹280.33

Source: S&P Global Market Intelligence

Orient Electric Ltd Share analysis

Orient Electric Ltd price forecast by 15 analysts

Upside of7.51%

High

₹316

Target

₹280.33

Low

₹224

Orient Electric Ltd target price ₹280.33, a slight upside of 7.51% compared to current price of ₹260.75. According to 15 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹258.35
    ₹267.5
  • 52 Week's Low

    52 Week's High

    ₹189
    ₹297.1
1 Month Return-0.06 %
3 Month Return+ 9.49 %
1 Year Return+ 9.49 %
Previous Close₹260.65
Open₹261.60
Volume2.28L
Upper Circuit-
Lower Circuit-
Market Cap₹5,561.38Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹5,561.38 Cr
P/B Ratio6.44
EPS0
Dividend Yield0
SectorConsumer Durables
ROE10.3

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹5,561.38 Cr13.85%0.59NANA
BUY₹15,832.61 Cr88.95%0.71₹139 Cr₹6,729 Cr
BUY₹34,845.54 Cr73.21%0.56₹414 Cr₹9,685 Cr
BUY₹12,833.58 Cr12.1%0.52₹225 Cr₹2,855 Cr
BUY₹7,728.18 Cr38.19%0.64₹50 Cr₹5,653 Cr

Company Information

Orient Electric Ltd is an Indian multinational company incorporated in 1954. It is part of the CK Birla Group and is headquartered in New Delhi. The company operates in the consumer durables, electrical and power sectors, with a focus on lighting, fans, switchgear and wires. Orient Electric is one of the leading manufacturers of home appliances and electrical products in India.

Orient Electric's top products include fans, lighting, switchgear, wires, pumps, air conditioners and water heaters. The company's popular brands include Orient Electric, Orient Fans, Orient Bell and Orient Refrigeration. Orient Electric also has a wide range of LED lighting products, including LED bulbs, LED downlighters and LED panel lights.

Share Price: ₹260.75 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹5,561.38Cr as of today
Listing date: 14 May, 2018
Chairperson Name: Chandra Kant Birla
OrganisationOrient Electric Ltd
HeadquartersNew Delhi
IndustryConsumer Durables
E-voting on sharesClick here to vote

Key events for Orient Electric Ltd

  • Orient Electric Stock: Buy Recommendation Amid Consolidation - 28 Aug, 2024

    BNP Paribas Securities has issued a buy recommendation for Orient Electric with a target price of Rs 275. Despite a recent rally, the stock remains 34% below its all-time high, indicating consolidation. The company reported a profit decline of 27% in the latest quarter, but revenue increased by 7%. Investors are advised to stay invested.

  • HDFC Securities Recommends Buy on Orient Electric - 20 Aug, 2024

    HDFC Securities recommends buying Orient Electric with a target price of Rs 310. The company reported a standalone total income of Rs 757.33 crore for Q2 2024, showing a decline from the previous quarter but an increase year-over-year. The current market price is Rs 266.4.

  • Orient Electric Reports Mixed Q1 Results - 02 Aug, 2024

    Orient Electric reported mixed Q1 results with a 6.98% increase in topline but a 27.17% decrease in profit YoY due to higher expenses. The consensus recommendation is Buy.

  • Orient Electric Q1 Profit Falls 27% Despite Rise in Sales - 01 Aug, 2024

    Orient Electric reported a 27% fall in Q1 profit to Rs 14.34 crore ($1.7 million) due to higher expenses despite a 7% rise in revenue from operations to Rs 755 crore, driven by increased demand for cooling products amid intense heatwaves across India.

Insights on Orient Electric Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 6.52% to 6.56% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 25.97% to 26.33% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 38.31% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Symphony Ltd has given 55.8% return, outperforming this stock by 76.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Symphony Ltd has given 69.8% return, outperforming this stock by 60.3%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, ORIENTELEC stock has moved down by -21.1%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 27.98% to 26.73% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹1,162.36Cr (-)₹1,187.37Cr (↑2.15%)₹1,285.22Cr (↑8.24%)₹1,471.84Cr (↑14.52%)
Total Liabilities₹706.70Cr (-)₹646.06Cr (↓8.58%)₹700.58Cr (↑8.44%)₹832.91Cr (↑18.89%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹129.24Cr (-)₹427.28Cr (↑230.61%)₹11.37Cr (↓97.34%)₹189.73Cr (↑1,568.69%)₹118.26Cr (↓37.67%)

Index Inclusions

S&P BSE AllCap

₹10,846.85

-1.18 (-129.55%)

BSE Small-Cap

₹55,977.86

-0.96 (-543.75%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
38.31%
0.00
Foreign Institutions
6.56%
0.60
Mutual Funds
26.33%
1.38
Retail Investors
26.73%
-4.47
Others
2.08%
69.87

Key Indicators

Details20202021202220232024
Return On Equity %23.6129.3825.413.4710.3

Earnings and Dividends

  • Orient Electric Ltd Earnings Results

    Orient Electric Ltd’s net profit fell -27.17% since last year same period to ₹14.34Cr in the Q1 2024-2025. On a quarterly growth basis, Orient Electric Ltd has generated 12.03% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Orient Electric Ltd Dividends May,2024

    In the quarter ending March 2024, Orient Electric Ltd has declared dividend of ₹0.75 - translating a dividend yield of 0.86%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Orient Electric Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

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Orient Electric Ltd (ORIENTELEC) share price today is ₹260.75

Orient Electric Ltd is listed on NSE

Orient Electric Ltd is listed on BSE

  • Today’s highest price of Orient Electric Ltd is ₹267.5.
  • Today’s lowest price of Orient Electric Ltd is ₹258.35.

Today’s traded volume of Orient Electric Ltd(ORIENTELEC) is 2.28L.

Today’s market capitalisation of Orient Electric Ltd(ORIENTELEC) is ₹5561.38Cr.

Orient Electric Ltd(ORIENTELECPrice
52 Week High
₹297.1
52 Week Low
₹189

Orient Electric Ltd(ORIENTELEC) share price is ₹260.75. It is down -12.23% from its 52 Week High price of ₹297.1

Orient Electric Ltd(ORIENTELEC) share price is ₹260.75. It is up 37.96% from its 52 Week Low price of ₹189

Orient Electric Ltd(ORIENTELECReturns
1 Day Returns
0.1%
1 Month Returns
-0.06%
3 Month Returns
9.49%
1 Year Returns
9.49%