Orient Refractories share price: Buy Orient Refractories, target price Rs 370: IIFL
Orient Refractories Ltd., incorporated in the year 2010, is a Mid Cap company (having a market cap of Rs 4200.67 Crore) operating in Industrial Consumables sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 201.77 Crore, up 10.78 % from last quarter Total Income of Rs 182.13 Crore and up 18.86 % from last year same quarter Total Income of Rs 169.76 Crore. Company reported net profit after tax of Rs 24.39 Crore in latest quarter.
Investment Rationale
Stock has given a bullish flag pattern breakout on the daily chart along with an uptick in the volume.
(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
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