Orient Electric is currently trading at Rs. 158.90, up by 2.05 points or 1.31% from its previous closing of Rs. 156.85 on the BSE.
The scrip opened at Rs. 157.20 and has touched a high and low of Rs. 161.50 and Rs. 157.20 respectively. So far 598 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 163.20 on 10-Aug-2018 and a 52 week low of Rs. 108.00 on 19-Jul-2018.
Last one week high and low of the scrip stood at Rs. 162.60 and Rs. 148.00 respectively. The current market cap of the company is Rs. 3328.13 crore.
The promoters holding in the company stood at 38.52%, while Institutions and Non-Institutions held 22.57% and 38.91% respectively.
Orient Electric is aiming to take its share in the premium fans segment to over 50% in the next one year. The phenomenal success of Aero Series range of aerodynamically designed silent fans has taken Orient Electric to number 1 position in the premium fans segment with over 40% market share. The company is also planning to increase market penetration in Eastern and North-Eastern India.
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. It is largest manufacturer and exporter of fans from India with a dominating presence in over 35 international markets.
Company Name | CMP |
---|---|
Crompt.Greaves Cons. | 390.25 |
Whirlpool Of India | 1903.40 |
Bajaj Electricals | 774.15 |
IFB Industries | 1842.95 |
Orient Electric | 245.35 |
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