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1 Comment
Orient Electric Limited is currently in a long term uptrend where the price is trading 17.7% above its 200 day moving average.
From a valuation standpoint, the stock is 99.3% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 3.6.
Orient Electric Limited's total revenue rose by 24.7% to $6B since the same quarter in the previous year.
Its net income has increased by 172.7% to $519M since the same quarter in the previous year.
Finally, its free cash flow grew by 193.1% to $2B since the same quarter in the previous year.
Based on the above factors, Orient Electric Limited gets an overall score of 5/5.
ISIN | INE142Z01019 |
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Exchange | NSE |
CurrencyCode | INR |
Sector | Consumer Cyclical |
Industry | Furnishings, Fixtures & Appliances |
Beta | 0.11 |
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PE Ratio | 51.3 |
Target Price | 274.6923 |
Dividend Yield | 0.0% |
Market Cap | 44B |
Orient Electric Limited manufactures, purchases, and sells electrical consumer durables, and lighting and switchgear products in India and internationally.The company offers ceiling, portable, airflow, wall, pedestal, lifestyle, table, exhaust, and multi-utility fans, as well as related components and accessories; home appliances, such as air coolers, room and water heaters, steam and dry irons, mixer grinders, juicer mixer grinders, hand blenders, wet grinders, electric kettles and rice cookers, induction cooktops, sandwich maker, and stand mixers. It also provides lighting products comprising LED bulbs and luminaires, LED lamps and tubes, professional luminaires, tube lights, streetlights, fittings, and decorative and outdoor lighting; and switchgears, including miniature and residual current circuit breakers, distribution boards, isolators, and modular switches, sockets, and MCB, as well as wiring accessories. In addition, the company offers franchises through smart shops. It sells its products through a sales/distribution network, as well as online. Orient Electric Limited was incorporated in 2016 and is headquartered in New Delhi, India.
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