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Tuesday, August 23, 2016

Orient Abrasives Share Price Up Nearly 3 Per Cent

Orient-AbrasivesOrient Abrasives share price was up nearly 3 per cent on NSE today. It opened at Rs.36.35 from a previous closing of Rs.36.45. The intraday high of the stock stood at Rs.39.35 while the intraday low read at Rs.36.35. The stock had touched its fresh 52-week high of Rs.58.80 on 5th January, 2016 while the 52-week low of the stock stood at Rs.22.30 on 4th September, 2015. 
The total traded volume stood at 1,27,682 shares with a traded value of Rs.48.77 lac. The life time high of the scrip stands at Rs.58.80 on 5th January, 2016, on the other hand, the life time low of the stock stands at Rs.6.35 on 28-Oct-2008. 
The market cap of Orient Abrasives amounts to Rs.436.08 (Cr) while the book value stands at 1.00. The P/E Ratio of the stock is recorded to be 18.67. The stock has an ADM or Average Daily Movement of 2.37. Its average volume of 20 days stands at 49,864 shares. 
Orient Abrasives was established in the year 1974, in technical collaboration with Bentueky, Karborundum,  Czechoslovakia by the Rajgarhia group of industries as a venture to produce Calcined and Fused Alumina products. Presently, the Company cherishes the position of being the biggest producer of Calcined and Fused Products in India. An ISO 9001 certification and a strong management have paved the way for Orient Abrasives to be a large organization, identified for its quality offerings. 
For more information on the stock, visit Orient Abrasives share price history.

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