ORIENT ELECTRIC LTD.
NSE : ORIENTELECBSE : 541301ISIN
CODE : INE142Z01019Industry : Consumer Durables - Domestic AppliancesHouse
: Birla CK
BSE228.250 (0 % )
PREV CLOSE (Rs.) 228.25
OPEN PRICE (Rs.) 229.85
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 11496
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE228.40 0.2 (+0.09 % )
PREV CLOSE(Rs.) 228.20
OPEN PRICE (Rs.) 229.00
BID PRICE (QTY) 228.40 (210 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 69823
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 17-May-2024 | Orient Electric informs about transcript of earnings call | <p style="text-align: justify;">In continuation to earlier letter dated May 10, 2024, filed in terms of the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding participation of the management of the Company in an Earnings Call, to discuss the Audited financial results of the Company for the quarter and year ended March 31, 2024, scheduled for Friday, May 10, 2024, at 10:00 AM (IST), Orient Electric has informed that a transcript of the aforementioned Earnings Call is attached. Further, the said transcript is also available on the website of the Company.</p><div>The above information is a part of company's filings submitted to BSE.</div> |
| 08-May-2024 | Orient Electric climbs on starting commercial production from Hyderabad manufacturing plant | <p style="text-align: justify;">Orient Electric is currently trading at Rs. 230.50, up by 8.90 points or 4.02% from its previous closing of Rs. 221.60 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 225.95 and has touched a high and low of Rs. 231.20 and Rs. 220.85 respectively. So far 24169 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 262.95 on 14-Jul-2023 and a 52 week low of Rs. 189.10 on 14-Feb-2024.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 232.00 and Rs. 218.10 respectively. The current market cap of the company is Rs. 4912.75 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 38.31%, while Institutions and Non-Institutions held 33.72% and 27.97% respectively.</p><p style="text-align: justify;">Orient Electric has commenced the Commercial Production from its greenfield manufacturing plant at Hyderabad, Telangana. The Commercial Production has been commenced on May 6, 2024. </p><p style="text-align: justify;">Earlier, the company had expanded its already extensive lineup of air coolers with addition of new high-capacity models across Desert and Commercial categories. With larger tank capacities, advanced features and superior performance, these high-capacity coolers cater to larger spaces and more demanding cooling needs. </p><p style="text-align: justify;">Orient Electric has established itself in the market as a one-stop brand for lifestyle electrical solutions which include fans, lighting, home appliances and switchgears.</p><div style="text-align: justify;"><br></div> |
| 07-May-2024 | Orient Electric starts commercial production from Hyderabad manufacturing plant | <p style="text-align: justify;">Orient Electric has commenced the Commercial Production from its greenfield manufacturing plant at Hyderabad, Telangana. The Commercial Production has been commenced on May 6, 2024. </p><p style="text-align: justify;">Earlier, the company had expanded its already extensive lineup of air coolers with addition of new high-capacity models across Desert and Commercial categories. With larger tank capacities, advanced features and superior performance, these high-capacity coolers cater to larger spaces and more demanding cooling needs. </p><p style="text-align: justify;">Orient Electric has established itself in the market as a one-stop brand for lifestyle electrical solutions which include fans, lighting, home appliances and switchgears.</p><div style="text-align: justify;"><br></div> |
| 20-Apr-2024 | Orient Electric informs about issuance of factory license | <p style="text-align: justify;">In compliance with Regulation 30(4) and Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations'), read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023, and in continuation of its earlier communications from time to time, Orient Electric has informed that the Telangana State Factories Department, Government of Telangana has issued on April 19, 2024, Factory Licence for the upcoming manufacturing plant of the Company at Hyderabad. The Company will inform the stock exchanges in due course about the commencement of the commercial production at the new Hyderabad Plant.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.<br></p><div style="text-align: justify;"><br></div> |
| 12-Apr-2024 | Orient Electric expands air coolers range with high capacity models | <p style="text-align: justify;">Orient Electric has expanded its already extensive lineup of air coolers with addition of new high-capacity models across Desert and Commercial categories. With larger tank capacities, advanced features and superior performance, these high-capacity coolers cater to larger spaces and more demanding cooling needs. The company is eyeing high double-digit growth in air coolers this season.</p><p style="text-align: justify;">Some of the new models launched include Smartchill 125L, Avante 105L and Titan 100L in desert cooler category and Maxochill 100L in commercial cooler category. These coolers come equipped with fan blades with Aero Fan technology which ensures an impressive and longer air throw of up to 60-feet.</p><p style="text-align: justify;">Orient Electric has established itself in the market as a one-stop brand for lifestyle electrical solutions which include fans, lighting, home appliances and switchgears.</p><div style="text-align: justify;"><br></div> |
| 12-Apr-2024 | Orient Electric gains on expanding air coolers range with high capacity models | <p style="text-align: justify;">Orient Electric is currently trading at Rs. 212.65, up by 1.40 points or 0.66% from its previous closing of Rs. 211.25 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 210.30 and has touched a high and low of Rs. 215.20 and Rs. 210.30 respectively. So far 36931 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 262.95 on 14-Jul-2023 and a 52 week low of Rs. 189.10 on 14-Feb-2024.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 215.80 and Rs. 206.80 respectively. The current market cap of the company is Rs. 4580.97 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 38.31%, while Institutions and Non-Institutions held 35.16% and 26.53% respectively.</p><p style="text-align: justify;">Orient Electric has expanded its already extensive lineup of air coolers with addition of new high-capacity models across Desert and Commercial categories. With larger tank capacities, advanced features and superior performance, these high-capacity coolers cater to larger spaces and more demanding cooling needs. The company is eyeing high double-digit growth in air coolers this season.</p><p style="text-align: justify;">Some of the new models launched include Smartchill 125L, Avante 105L and Titan 100L in desert cooler category and Maxochill 100L in commercial cooler category. These coolers come equipped with fan blades with Aero Fan technology which ensures an impressive and longer air throw of up to 60-feet.</p><p style="text-align: justify;">Orient Electric has established itself in the market as a one-stop brand for lifestyle electrical solutions which include fans, lighting, home appliances and switchgears.</p><div style="text-align: justify;"><br></div> |
| 11-Apr-2024 | Orient Electric informs about compliance certificate | <div style="text-align: justify;">Orient Electric has enclosed Compliance Certificate pursuant to Regulation 7(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the financial year ended March 31, 2024, duly signed by the authorized representative of the Registrar and Share Transfer Agent and the Compliance Officer of the Company.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 01-Feb-2024 | Orient Electric reports 25% fall in Q3 net profit | <p style="text-align: justify;">Orient Electric has reported results for third quarter ended December 31, 2023 (Q3FY24). </p><p style="text-align: justify;">The company has reported 25.28% fall in net profit at Rs 24.33 crore for the third quarter ended December 31, 2023 as compared to Rs 32.56 crore for the same quarter in the previous year. However, total income of the company increased by 1.14% at Rs 756.21 crore for Q3FY24 as compared Rs 747.65 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;">Orient Electric has established itself in the market as a one-stop brand for lifestyle electrical solutions which include fans, lighting, home appliances and switchgears.</p> |
| 23-Jan-2024 | Orient Electric informs about board meeting | <div>Orient Electric has informed that the meeting of the Board of Directors of the Company is scheduled on 01/02/2024 to consider and approve Un-Audited Financial Results of the Company for the quarter and nine months ended December 31, 2023 and declaration of Interim Dividend for the financial year 2023-24, if any.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 13-Dec-2023 | Orient Electric informs about details of loss of certificate | <div style="text-align: justify;">In continuation to letter dated November 17, 2023, pursuant to Regulation 39(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Orient Electric has informed that KFin Technologies, Registrars and Share Transfer Agent of the Company, has issued and dispatched the letter of confirmation to the claimant (Mridula Gupta) yesterday i.e., December 12, 2023, post transmission of said shares in her name within stipulated timelines as per details enclosed.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
