Orient Abrasives Limited
Share Price Target & Analysis

NSE:ORIENTABRA

49.11

VWAP

49.95

Open

52.2

Close

50.45

High

48.25

Low

72.35

52 Week High

48.65
-1.30 (-2.60%)

ORIENTABRA

(INDUSTRIAL MANUFACTURING)
49% Momentum

Turnaround Potential

25.85

52 Week Low

1.43

EPS

48.95

PE

2.11

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: ORIENTABRA Share Price Financial Analysis & Valuation

Orient Abrasives Limited (ORIENTABRA) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Abrasives vertical. It is one of Micro Cap company with Market Capitalization of Rs 358.9 (in Cr). Total number of free float shares are 12 (in Lacs). Orient Abrasives Limited is listed on NSE with Exchange ID - INE569C01020 and trading code is NSE:ORIENTABRA with short name ORIENT CERATECH.

In the past 1 year, Orient Abrasives Limited has declared an equity dividend of Rs 0.15 per share. At the current share price of ORIENTABRA at Rs 48.65, this results in a dividend yield of 0.31 %.

As per the Fundamental Analysis of NSE:ORIENTABRA, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ORIENTABRA underlying value and future prospects. All of this data is available in ORIENTABRA financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:ORIENTABRA, it is clearly understood that ORIENTABRA is Economical performer in terms of earnings and profit margins with an EPS of 1.43. NSE:ORIENTABRA book value per share as of today is 23.07. The current price to book ratio for ORIENTABRA as of May 18, 2024 is 2.11.

Valuation of the Stock: The current valuation of ORIENTABRA stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ORIENTABRA whether to BUY this stock at current valuation. The delivery percentage of ORIENTABRA is 84.96% is very crucial parameter which shows that 84.96% investors are anticipating that the price of ORIENTABRA share should go up with VWAP at 49.11.

Now, the main question is whether to BUY or SELL, NSE:ORIENTABRA at current valuation.
As per latest Analysis No. #310:-

STRONG BUY ORIENTABRA if All Greens

BUY ORIENTABRA (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD ORIENTABRA (With Stop Loss) if only 1 Green

SELL ORIENTABRA if NO Green Indicator

NSE: ORIENTABRA Share Price Today (May 18, 2024)

(Orient Abrasives Limited Daily Analysis on the basis of ORIENTABRA Intraday Graph & Trend)

Orient Abrasives Limited share price moved Down by -2.60% from its previous close of Rs 52.2. ORIENTABRA stock last traded price is 48.65. ORIENTABRA share price trend is Down with a total of 62248 stocks traded till now. It has touched an intraday high of Rs 50.45 and an intraday low of Rs 48.25. The ORIENTABRA trading at 48.65, Down by Rs. -1.30, or -2.60 percent which suggests that most of the Traders are anticipating that the price of ORIENTABRA share should go Down.

NSE: ORIENTABRA Share Price Tomorrow Prediction

(Orient Abrasives Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ORIENTABRA)

Orient Abrasives Limited share price moved Down by -2.60%. ORIENTABRA share price short term trend is Down. It suggests that ORIENTABRA Share Price for Tomorrow remains the same with VWAP at 49.11 will be treated as stop loss for intraday traders. Orient Abrasives Limited Long term investors can follow the ORIENTABRA long term trend as mentiond in future forecast table.

NSE Code

NSE: ORIENTABRA

ORIENTABRA Share Price Today

48.65

ORIENTABRA Share Price Target Prediction for 2024 ^

27.1 - 52.2

ORIENTABRA Share Price Target Prediction for 2025*^

52.2 - 77.5

ORIENTABRA Share Price Target Prediction for 2026*^

77.5 - 82.9

ORIENTABRA Share Price Target Prediction for 2027*^

87

ORIENTABRA Share Price Target Prediction for 2028*^

90

ORIENTABRA Share Price Target Prediction for 2030*^

98
ORIENTABRA Current Book Value 2023
23

*Orient Abrasives Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^ORIENTABRA share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

ORIENTABRA Technical Analysis (In Process... .. .)


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Most popular Questions & Answers about ORIENTABRA


Orient Abrasives Limited stock last traded price is 48.65. ORIENTABRA share price moved Down by -2.60% from its previous close of Rs 52.2.

Orient Abrasives Limited share price trend is Down with a total of 62248 stocks traded till now. It has touched an intraday high of Rs 73.0735 and an intraday low of Rs 48.25. The ORIENTABRA trading at 48.65, Down by Rs. -1.30, or -2.60 percent which suggests that most of the Traders are anticipating that the price of ORIENTABRA share should go Down and the Stop Loss will be around 49.11.

The market cap of Orient Abrasives Limited is ₹358.9 (in Cr) as of May 17, 2024.

The current price to earning ratio for Orient Abrasives Limited as of May 17, 2024 is 48.95.

The current price to book ratio for Orient Abrasives Limited as of May 17, 2024 is 2.11.

The highest price of Orient Abrasives Limited stock is ₹72.35 in the last 52-week.

The lowest price of Orient Abrasives Limited stock is ₹25.85 in the last 52-week.

Orient Abrasives Limited share trading at ₹48.65, Down by Rs. -1.30, or -2.60 percent which suggests that most of the traders are anticipating that the price of ORIENTABRA share should go Down.

In 2023, Stock price target for Orient Abrasives Limited (ORIENTABRA) are ₹27.1 on downside and ₹52.2 on upside. Orient Abrasives Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Orient Abrasives Limited (ORIENTABRA) are ₹52.2 on downside and ₹77.5 on upside. Orient Abrasives Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Orient Abrasives Limited (ORIENTABRA) are ₹77.5 on downside and ₹82.9 on upside. Orient Abrasives Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Orient Abrasives Limited (ORIENTABRA) will be around ₹90 Orient Abrasives Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ORIENTABRA.

As per the fundamental analysis of Orient Abrasives Limited (ORIENTABRA), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.43. Orient Abrasives Limited book value per share as of today is 23.07. The current price to book ratio for ORIENTABRA as of May 18, 2024 is 2.11.


NSE:ORIENTABRA News & Other Useful Information about ORIENTABRA Share Price


Peer Comparison of NSE: ORIENTABRA

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Abrasives

Company Price EPS BV
GRINDWELL 2376.30 34.39 185.25
CARBORUNIV 1778.05 18.41 105.46
WENDT 13939.05 197.5 960.05
ORIENTABRA 48.65 1.56 23.07
Updated at: 17 May 2024 15:56

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