Orient Electric Ltd.

NSE: ORIENTELEC | BSE: 541301 | ISIN: INE142Z01019 | Industry: Consumer Electronics
| Falling Comet

161.45
-3.30%
ICICI Securities Limited
Orient’s Q2FY24 indicates mixed trends as: (1) revenue growth was 11% but margins remained weak, (2) Electronic consumer durable registered strong growth while Lighting and Switchgear remained flat YoY, (3) fans segment is witnessing traction while other segments remained weak.
Orient Electric Ltd. average weekly volume is high.
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