Company Profile

Orient Electric has launched its new ChefSpecial range of kitchen appliances, starting with ChefSpecial 1200W mixer grinder and ChefSpecial 400W Nutri blender. The range has been designed with focus on three defining aspects of performance, convenience and style.

While Orient ChefSpecial mixer grinder promises superior mixing and grinding experience and retains the authentic taste, textures, flavours without losing the nutrients, the ChefSpecial Nutri blender perfectly fit in with busy lifestyles offering users a quick and convenient solution to make scrumptious smoothies, juices and more in a jiffy while retaining the essential micro nutrients thus promising health benefits. The launch is part of the company’s plans to further strengthen its position in the kitchen appliances segment while also delivering great consumer experiences through differentiated products.

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.

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Orient Electric has informed that it has enclosed the Credit Rating issued by Care Ratings (Formerly Known as Credit Analysis & Research) through letter dated July 06, 2021, for the Company’s long-term and short-term bank facilities. Take the above information and document on the record.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), Orient Electric has informed that as per the invitations received, the Managing Director & Chief Executive Officer and Chief Financial Officer of the Company would be attending following Analyst/ Investor’s meetings/ conference call on 28th & 29th June 2021, detailed schedule are attached. Further, in the above meetings/ conference calls, the Company would not be making any presentations and will be discussing only those information which are already disclosed in public domain.

The above information is a part of company’s filings submitted to BSE.

Orient Electric has launched its new range of Supercoolers, a new range of metal-bodied air coolers made to withstand the toughest of weather conditions while providing an astounding 5000-7000 CMH of air delivery for superior cooling. These outdoor metal coolers promise up to 14-degree temperature drop, thanks to the unique AeroFan technology that provides high air thrust and 20% longer air throw, and the unique DenseNest technology that provides 25% extra cooling. Furthermore, these Super Coolers come with Triple Rust Proofing, a combination of GPSP sheet, rust proof paint and powder coating, which ensures enhanced durability and longevity.

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.

Orient Electric is currently trading at Rs. 308.85, up by 7.35 points or 2.44% from its previous closing of Rs. 301.50 on the BSE.

The scrip opened at Rs. 302.80 and has touched a high and low of Rs. 311.80 and Rs. 300.35 respectively. So far 77172 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 344.90 on 22-Mar-2021 and a 52 week low of Rs. 171.10 on 14-Jul-2020.

Last one week high and low of the scrip stood at Rs. 311.80 and Rs. 297.00 respectively. The current market cap of the company is Rs. 6546.98 crore.

The promoters holding in the company stood at 38.52%, while Institutions and Non-Institutions held 31.80% and 29.68% respectively.

Orient Electric has launched its new range of Supercoolers, a new range of metal-bodied air coolers made to withstand the toughest of weather conditions while providing an astounding 5000-7000 CMH of air delivery for superior cooling. These outdoor metal coolers promise up to 14-degree temperature drop, thanks to the unique AeroFan technology that provides high air thrust and 20% longer air throw, and the unique DenseNest technology that provides 25% extra cooling. Furthermore, these Super Coolers come with Triple Rust Proofing, a combination of GPSP sheet, rust proof paint and powder coating, which ensures enhanced durability and longevity.

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.