News for Orient Electric Limited (ORIENTELEC.BO)

The companies that generate returns on capital higher than the stakeholders expectations are good bets.

Power Grid, Gland Pharma, Lupin, Godrej Properties, Garden Reach, JK Tyres, DOMS Industries, Castrol India and more will be in the spotlight on Tuesday, February 04.

BSE's Sensex dropped more than 730 points, or 0.94 per cent on Monday, to 76,774.05. Similarly, Nifty50 crumbled 243 points, or 1.04 per cent, to 23,239.15 at the opening tick.

Orient Electric Limited reports 11.9% profit increase, driven by sales growth and operational efficiency, with revenue rising 8.6%.

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Orient Electric share price: InCred Equities has retained its 'Add' call on the counter after the company saw a

In the Nifty50 index, 36 stocks closed in the green, while 14 stocks ended in the red.

In the Nifty50 index, 41 stocks were trading in the green, while 9 stocks were in the red.

Aug 02, 2024 / NTS GMTOperator Ladies and gentlemen, good day and welcome to the Orient Electric Q1 FY25 conference call hosted by ICICI Securities. (Operator I

May 10, 2024 / 04:30AM GMTOperator Ladies and gentlemen good day, and welcome to Orient Electric Limited Q4 FY24 earnings Conference Call hosted by AMBIT Capita

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[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Ceiling Fans Market size...

ORIENT ELECTRIC SHARES UP 6.4% IN PRE-OPEN TRADE ...

Ravindra Singh Negi: Announcing the appointment, CK Birla, chairman at Orient Electric said, "Under Ravindra’s leadership, Orient Electric will accelerate its journey to becoming a future ready consumer centric organisation. He will continue to build organisation capability and execution excellence towards growing all key businesses. I would also like to thank Deepak Khetrapal for his valuable contributions to Orient Electric during his tenure as managing director.”

Sensex, Nifty updates on 09 May 2024: Benchmark equity indices Sensex and Nifty tumbled about 1.5 per cent on Thursday amid heavy foreign fund outflows and selling in HDFC Bank, Larsen & Toubro and Reliance Industries. Declining for the third day running, the BSE Sensex dropped 1,062.22 points or 1.45 per cent to settle at 72,404.17. During the day, it tanked 1,132.21 points or 1.54 per cent to 72,334.18. The NSE Nifty dived 345 points or 1.55 per cent to 21,957.50. During the day, it tumbled 370.1 points or 1.65 per cent to 21,932.40. From the Sensex basket, Larsen & Toubro tanked over 5 per cent after March quarter earnings. Asian Paints, JSW Steel, ITC, Bajaj Finance, IndusInd Bank, Tata Steel, NTPC, Bajaj Finserv, HDFC Bank, Reliance Industries and Power Grid were among the laggards. In contrast, Tata Motors, Mahindra & Mahindra, State Bank of India, Infosys and HCL Tech were the gainers.

The quarterly earnings season commenced in the second week of April and remains ongoing, with more than 260 companies slated to announce their fourth-quarter earnings throughout this week.

As many as 70 smallcap stocks saw a double-digit fall of up to 81% in the current financial year, which is drawing to a close. Of these, 30 stocks have lost more than 20% this year.

Nifty is currently placed at the edge of breaking above the immediate hurdle of 21,850 levels and a decisive move above this resistance is likely to pull Nifty towards 22,000-22,100 levels in the short term. Immediate support is at 21720 levels, said Nagaraj Shetti of HDFC Securities.

The Nifty Realty index was trading 1.01 per cent down at 841.35.