Orient Paper & Industries shines on reporting CFL Lamps production stood at 1,174,000 units in March, 2013

15 Apr 2013

Orient Paper & Industries is currently trading at Rs. 6.95, up by 0.14 points or 2.06 % from its previous closing of Rs. 6.81 on the BSE.

The scrip opened at Rs. 7.00 and has touched a high and low of Rs. 7.00 and Rs. 6.70 respectively. So far 22,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 19.99 on 11-Dec-2012 and a 52 week low of Rs. 6.01 on 01-Apr-2013.

Last one week high and low of the scrip stood at Rs. 8.00 and Rs. 6.71 respectively. The current market cap of the company is Rs. 142 crore.

The promoters holding in the company stood at 37.50% while Institutions and Non-Institutions held 35.94% and 26.55% respectively.

Orient Paper & Industries has reported the operational performance of Electrical Division of the company for the month of March, 2013. The production of its CFL Lamps for March, 2013 stood at 1,174,000 units.The company has recently reported production of Fan for February, 2013 which stood at 919,244 units, while the Export Sales of Fan for the same period stood at 78,176 units.

Orient Paper & Industries is part of the C K Birla Group. Today it has emerged as a multi-product, multi-location company. The company manufactures and markets range of fans under the name Orient Fans. It manufactures ceiling fans, desk fans, wall-mounted fans, pedestal fans, exhaust fans and multi-utility fans. It has production capacity of over 3 million units per annum.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323