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Orient Abrasive - Orient abrasive - Follow Thread
**INTRA / POSITIONAL** **TECHNICAL BREAKOUT** / EX DATE OF DIVIDEND ON 15/9/21 **NSE / BSE - ORIENT ABRASIVES LTD ( NSE - ORIENTABRA / BSE - )** CMP 30.6 **TGT 31.5/34/37 ** SL 26.25 ( CLOSING BASIS ) **ABOUT COMPANY** Orient Abrasives was set up in 1974, in technical collaboration with Karborundum, Bentueky, Czechoslovakia by the Rajgarhia group of industries as a venture to manufacture Calcined and Fused Alumina products The company enjoys the position of being the largest producer of Calcined and Fused Products in India **PROMOTER HOLDING 63.58%** **BOOK VALUE 20.2** **PAYING DIVIDEND SINCE 2007** **52 WEEK HIGH 38.6 / LOW 17.80** **ROCE 7.85% & ROE 4.72%** **FINANCIAL HIGHLIGHTS OF JUNE21 V/S JUNE20** **SALES** 73.83CR V/S 61.68CR **PAT** 2.23CR V/S 2.16CR **EPS** 0.19 PAISA V/S 0.18₹ PER SHARE ▶️ COMPANY HAS REDUCED ITS DEBT ▶️ STOCK IS TRADING AROUND 1.5 TIMES OF ITS BOOK VALUE PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING MY IDEA IS ONLY FOR EDUCATION PURPOSE ( 27 days ago )
  kinchit s mehta  2600 followers
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