'Buy' Orient Electric Shares Maintains Nirmal Bang, Sees 32% Upside — Check Target Price

Orient Electric's management is targeting double-digit margins over the next seven–eight quarters, driven by operating leverage from the Hyderabad facility and an improving product mix toward higher-margin products..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Nirmal Bang Report.Nirmal Bang remains optimistic on Orient Electric Ltd., citing steady progress under its direct-to-market distribution strategy, improving growth visibility across regions, and continued momentum in the lighting segment driven by an expanding SKU portfolio and rising B2B contribution.The brokerage highlights that margin recovery visibility is improving and execution is tracking well, reinforcing confidence in the company’s growth trajectory. Orient Electric’s premium positioning and strategic initiatives are expected to support sustainable performance.Nirmal Bang values the stock at 30x Sep-27E EPS, arriving at a target price of Rs 241, which represents a ~50% discount to its five-year historical average one-year forward P/E. The rating remains Buy, underpinned by strong fundamentals and favorable risk–reward dynamics..Click on the attachment to read the full report:.Crompton Greaves Gets 'Buy' Rating As Motilal Oswal Initiates Coverage — Check Target Price, Upside Potential.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

'Buy' Orient Electric Shares Maintains Nirmal Bang, Sees 32% Upside — Check Target Price

Orient Electric's rating remains Buy, underpinned by strong fundamentals.

NDTV Profit

NDTV Profit

Follow Us

DISCOVER US FASTER

DOWNLOAD THE APP