Orient Electric is currently trading at Rs. 141.95, up by 2.55 points or 1.83% from its previous closing of Rs. 139.40 on the BSE.
The scrip opened at Rs. 140.70 and has touched a high and low of Rs. 143.70 and Rs. 140.70 respectively. So far 11799 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 177.00 on 03-Sep-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. 152.60 and Rs. 138.25 respectively. The current market cap of the company is Rs. 2997.12 crore.
The promoters holding in the company stood at 38.52%, while Institutions and Non-Institutions held 22.81% and 38.67% respectively.
Orient Electric is launching a new ceiling fan in the premium range. The announcement will be made through a press conference to be held in New Delhi on January 16, 2019.
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.
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