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Orient Electric Ltd.

BSE: 541301 Sector: Consumer
NSE: ORIENTELEC ISIN Code: INE142Z01019
BSE 00:00 | 05 Aug 177.10 -1.85
(-1.03%)
OPEN

180.00

HIGH

180.10

LOW

172.00

NSE 00:00 | 05 Aug 177.20 -1.80
(-1.01%)
OPEN

179.55

HIGH

180.90

LOW

176.10

OPEN 180.00
PREVIOUS CLOSE 178.95
VOLUME 8376
52-Week high 286.45
52-Week low 138.15
P/E 115.75
Mkt Cap.(Rs cr) 3,758
Buy Price 177.10
Buy Qty 5.00
Sell Price 180.10
Sell Qty 271.00
OPEN 180.00
CLOSE 178.95
VOLUME 8376
52-Week high 286.45
52-Week low 138.15
P/E 115.75
Mkt Cap.(Rs cr) 3,758
Buy Price 177.10
Buy Qty 5.00
Sell Price 180.10
Sell Qty 271.00

Orient Electric Ltd. (ORIENTELEC) - Chairman Speech

Company chairman speech

Orient Electric Limited continued to reinforce its positioning as acompany delighting consumers and outperforming the sectoral growth trend.

The Company plays a distinctive role in India's large growing andexciting consumer electrical space and the Company's innovation-driven approach isneatly encapsulated in ‘Switch to Smart'.

This idea is increasingly becoming relevant as more and more consumersseek futuristic conveniences and experiences. As a market-responsive company OrientElectric has positioned itself around innovation. This is not only reflected in its newgeneration of products but also in differentiated processes practices and mindsets.

The way to our future will not just be about the incremental butincreasingly about the radical. We believe that the best way to protect our prospectswould be through introduction of disruptive products. These products will not be as muchabout capturing market share as they would be about creating new markets.

At Orient Electric we are seized with the passion to transform ourbusiness spaces – literally and metaphorically. Our various office spaces startingwith our corporate office in the National Capital Region showcase the ‘Smart'workplace of the future. The cabin-less environment stands for a boundary-less way ofthinking that makes it possible to outperform consistently.

We believe we have created our company as a platform for smartergrowth. This platform complements our quest for innovation strengthening the brandenhancing knowledge capital stakeholder relationships and financial integrity.

Our journey in an independent avatar commenced creditably and shouldtranslate into sustainable growth for our stakeholder family.

CK Birla

Chairman