Wednesday 13 November 2013

Orient Paper inches up on reporting operational performance of Electrical Division in October

Orient Paper & Industries is currently trading at Rs. 9.92, up by 0.01 points or 0.10 % from its previous closing of Rs. 9.91 on the BSE.

The scrip opened at Rs. 9.95 and has touched a high and low of Rs. 10.10 and Rs. 9.91 respectively. So far 4472 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. 4.30 on 12-Aug-2013.

Last one week high and low of the scrip stood at Rs. 10.85 and Rs. 8.20 respectively. The current market cap of the company is Rs. 204.87 crore.

The promoters holding in the company stood at 38.23% while Institutions and Non-Institutions held 28.19% and 33.58% respectively.

Orient Paper & Industries has reported the operational performance of Electrical Division of the company for the month of October, 2013. The production of its CFL Lamps for October, 2013 stood at 1,323,000 units compared to 1,249,000 units in September 2013.

Orient Paper & Industries is part of the C K Birla Group 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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