SamratSinghYadav

BUYING AT THE SUPPORT

Long
NSE:ORIENTELEC   ORIENT ELECTRIC LTD
The company has been showing good profit and numbers.
We can see the pricing is moving in a channel type and the price always bounces back from the support so we can look for a buying opportunity if the price comes at the support level.
A consistent up move can be witnessed with consistent good profit numbers shown by the company.

Market Cap
₹ 7,525 Cr.
Current Price
₹ 355
High / Low
₹ 368 / 174
Stock P/E
49.5
Book Value
₹ 21.5
Dividend Yield
0.56 %
ROCE
35.5 %
ROE
29.4 %
Face Value
₹ 1.00
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