Name: Latest research reports of Orient Electric Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Orient Electric Ltd.
Rating: 4
Author: ICICI Securities Limited

Orient Electric Ltd.

NSE: ORIENTELEC | BSE: 541301 | ISIN: INE142Z01019 | Industry: Consumer Electronics
| Expensive Underperformer

210.2100 12.64 (6.40%)

NSE Apr 11, 2025 15:31 PM

New 52W Low in past week

Volume: 224.5K

Orient Electric Ltd.

31 Jan 2023

210.21

6.40%

Benefits of investments in direct distribution visible

Accumulate: Orient Electric Ltd.

ICICI Securities Limited

Orient had commenced transition to direct to market (DTM) distribution to reduce dependence on wholesale and super distribution in FY22. We note there are visible benefits of this strategy with 60% revenue growth YoY in states where shift to DTM is complete.

Orient Electric Ltd. has an average target of 270.00 from 2 brokers.