Orbit Exports trades with traction on the bourses

Orbit Exports Ltd. | Textile | Textiles & Apparels | BSE: 512626 | NSE: ORBTEXP

06 Jul 2015 Evaluate

Orbit Exports is currently trading at Rs. 449.00, up by 12.40 points or 2.84% from its previous closing of Rs. 436.60 on the BSE.

The scrip opened at Rs. 425.00 and has touched a high and low of Rs. 455.00 and Rs. 416.00 respectively. So far 5083 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 483.80 on 01-Dec-2014 and a 52 week low of Rs. 133.05 on 10-Jul-2014.

Last one week high and low of the scrip stood at Rs. 470.00 and Rs. 360.20 respectively. The current market cap of the company is Rs. 633.45 crore.

The promoters holding in the company stood at 53.07% while Institutions and Non-Institutions held 1.83% and 45.10% respectively.

Orbit Exports has achieved the excellence of being among the 11 companies from India that have made to the top 200 Asia Pacific corporations in Forbes Asia’s Best under a Billion list.

Forbes Asia has selected 200 best performing companies from a list of 17,000 public listed companies across the Asia-Pacific with a sales turnover between $5 million to $1 billion. According to Forbes, the companies should have a positive net income and should be publicly traded for at-least a year.

As per the Forbes out of 200 companies, 123 are new to the list, which underscores the dynamism of the region’s small and medium-sized sector our company is one of them and sales and earnings growth in the past 12 months and over three years as also the strongest five-year return on equity.