Orient Electric Ltd

NSE
ORIENTELEC •
BUY

1W Return

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1M Return

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6M Return

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1Y Return

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3Y Return

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Start SIP in Orient Electric Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
52W Low on Feb 14, 2024
-2.7
TTM PE Ratio
Below industry Median
51.6
Price to Book Ratio
Above industry Median
7.7
Dividend yield 1yr %
Market Leader
0.7
TTM PEG Ratio
PEG TTM is negative
-4
RSI
RSI is mid-range
50.1
MFI
MFI is mid-range
46.9

Orient Electric Ltd shareholding Pattern

Promoter
38.3%
Foreign Institutions
5.9%
Mutual Funds
28.5%
Domestic Institutions
29.2%
Public
26.5%

Orient Electric Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
8
Bearish Moving Averages
8
5Day EMA
207.10
10Day EMA
206.30
12Day EMA
206.60
20Day EMA
208.70
26Day EMA
210.40
50Day EMA
214.80
100Day EMA
219.60
200Day EMA
228.40
Delivery & Volume
Resistance & Support
209.92
Pivot
Resistance
First Resistance
213.38
Second Resistance
216.02
Third Resistance
219.48
Support
First Support
207.28
Second support
203.82
Third Support
201.18
Relative Strength Index
50.11
Money Flow Index
46.87
MACD
-3.78
MACD Signal
-4.82
Average True Range
7.30
Average Directional Index
19.49
Rate of Change (21)
-1.13
Rate of Change (125)
-10.19

Orient Electric Ltd Company background

Founded in: 2016
Orient Electric Limited became a part of diversified Indian Conglomerate CK Birla Group in year 1954. The Company has establisheditself as a onestop provider of fans, lighting, home appliances, switchgears and other electrical solutions. The Company was incorporated on 10th October 2016 and became a subsidiary of Orient Paper Industries Ltd. (OPIL). A Scheme of Arrangement had been filed with National Company Law Tribunal to demerge the Consumer Electric Business of the Holding Company (OPIL) by transferring the same on a going concern basis to the Company w.e.f. 1st March 2017, which has subsequently been approved by the National Company Law Tribunal. Pursuant to Scheme of Arrangement, shares held by Demerged Company stands cancelled and post demerger, the Company ceased to be a subsidiary of OPIL.The Company is engaged in manufacture/purchase and sale of Electrical Consumer Durables, Lighting Switchgear products. Presently, it has manufacturing facilities at Faridabad, Noida and Kolkata. In FY 20192020, the Company launched the new Inverter iSeries in fans and entered into faade lighting. It also launched energysaving inverter aircoolers in March 2020. It launched 4 products in air cooler category such as, Ultimo, Knight Desert coolers, metal coolers and inverter air coolers. A new range of Glassline Water Heaters with connected features, was introduced in the year. Further, Gas water heaters were also launched. A new Breakfast series of Kitchen appliances, like Induction cooktop, toaster etc. was launched. It introduced EyeLuv lighting series in July 2019. Powered without battery, Wireless Bells which function on kinetic bell push were launched in September 2019. It introduced IoTenabled smart plugs in December 2019 which allow for wireless control operation of appliances/ devices through smartphones voicecontrol devices. In FY 2021, Company launched Stella range of modular switches.During FY 2022, Company redesigned its fans distribution framework in Odisha and Bihar to extract the full market potential of these territories. These alterations to OELs distribution system were designed to gain market share within these regions. Apart from this, it expanded fan distribution network within South India to capture and reinforce under penetrated market. It acquired land in Hyderabad for a new greenfield project in FY 2022. It made notable investments in setting up RD Centre at Faridabad expanding Driver Plant LED lighting facility at Noida expanding LED Lighting facility in the relayout of Faridabad Plant making moulds for new products, and in various digital transformation initiatives of the Company. New launches of UV Sanitech, Emergency lighting, Supercoolers and expanded range of iSeries fans and Kitchen Appliances received significant traction and enthusiastic reception from channel partners and consumers.During the year 202223, the Company launched Cloud 3 Cooling Fan powered by the revolutionary CloudchillTM Technology platform. It strengthened BLDC Fans range, introducing over 10 new models. It launched instant water heaters in 5.5 litres capacity. Thereafter, it launched new water heaters with polymer body. It introduced multiple products both in B2B and B2C segments, like smart LED lights and faade lighting solutions. In Switchgear, it augmented modular switches range and launched electrical house wires for growth potential. It completed projects such as, the Ganga Barrage, the Varanasi Cantonment Railway Station, and the Puducherry Smart City during FY23.
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Orient Electric Ltd FAQs

Orient Electric Ltd shares are currently priced at 210.75 on NSE and 211.05 on BSE as of 2/22/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Orient Electric Ltd [ORIENTELEC] share was -22.04. The Orient Electric Ltd [ORIENTELEC] share hit a 1-year low of Rs. 189 and a 1-year high of Rs. 280.35.

The market cap of Orient Electric Ltd is Rs. 4496.69 Cr. as of 2/22/2024 12:00:00 AM.

The PE ratios of Orient Electric Ltd is 62.26 as of 2/22/2024 12:00:00 AM.

The PB ratios of Orient Electric Ltd is 7.31 as of 2/22/2024 12:00:00 AM

The Mutual Fund Shareholding was 28.49% at the end of 2/22/2024 12:00:00 AM.

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