SENSEX NIFTY
Dec 07, 2012, 03.54 PM IST | Source: Moneycontrol.com

Orbit Exports up 4% on revised credit rating by ICRA

Shares of Orbit Exports rallied 4.27 percent to Rs 63.45 on the Bombay Stock Exchange, continuing the uptrend for the third consecutive session on Friday. The stock gained 12.7 percent in three days.

Shares of Orbit Exports rallied 4.27 percent to Rs 63.45 on the Bombay Stock Exchange, continuing the uptrend for the third consecutive session on Friday. The stock gained 12.7 percent in three days.

The rating agency ICRA Credit Rating (ICRA) has upgraded the rating of fund based and fund based limits instruments to A2+ while reaffirmed BBB (stable) rating on term loan (worth Rs 13.36 crore), cash credit (Rs 15 crore) and proposed bank facilities (Rs 5.64 crore).
 
Market capitalisation of the company currently stands at Rs 80.58 crore.
 
Orbid Exports reported net profit of Rs 3.68 crore on total income of Rs 31.47 crore in the quarter ended September 2012. In the year 2011-12, the net profit stood at Rs 9.02 crore on sales turnover of Rs 102.11 crore.

Also Read
ICICI to grow faster than industry rate of 17-18%: Kocchar
JP Asso mulls $160-170/tn valuation for cement stake sale
Claris Lifesciences forms JV with Japan's Otsuka, Mitsui
Reliance-BP start drilling at D6 post 16 months of approval

Orbit Exports stock price

On July 23, 2014, Orbit Exports closed at Rs 193.65, up Rs 6.65, or 3.56 percent. The 52-week high of the share was Rs 201.00 and the 52-week low was Rs 70.00.


The company's trailing 12-month (TTM) EPS was at Rs 14.21 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 13.63. The latest book value of the company is Rs 48.74 per share. At current value, the price-to-book value of the company is 3.97.

READ MORE ON  Orbit Exports
Set email alert for

ADS BY GOOGLE

video of the day

See mild mkt pullback; like public sector banks: HDFC Sec

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.