Oricon Enterprises Share Price Rose More Than 15%

Oricon Enterprises is a top 500 Share identified by Dynamic Levels research team at the end of every quarter out of 1700 plus Shares of the National Stock Exchange. Oricon Enterprises has strong fundamentals. By strong Fundamentals we mean Oricon Enterprises has not made any losses in last 2 quarters, debt equity is less than 2 (not applicable for NBFC and banks) and pledge is less than 25 per cent. These top 500 Shares are safe for investment.

In today’s trading session Oricon Enterprises share price surged by more than 15.23 per cent and is trading at Rs 54.10. A total of 8,77,794 shares of the company have exchanged hands of the counter of NSE aggregating to a total amount of 459.00 lacs.

The Board of Directors of Oricon Enterprises Ltd at its meeting held on 14^th November, 2016, said that it has has approved the Scheme of Amalgamation of Oriental Containers Limited (OCL) and Oricon Properties Private Limited (OPPL) (wholly owned subsidiaries of the Company) with partial modification of Appointed date in case of OPPL to 1^stJuly, 2016 instead of 1^st April, 2016.

Oricon Enterprises, the flagship company of Parijat Enterprises has interests in Real Estate, Marine Logistics, Packaging, Petrochemicals as well as Automobile Dealership. As per consolidated audited results of 2013-14, the total revenues were 913.32 crores and PAT of 43.27 crores.

Oricon Properties Private Limited is a wholly owned subsidiary and has received IOD from Municipal Corporation of Greater Mumbai (MCGM) for construction of residential building(s) at its plot at Worli, Mumbai and its subsidiary company is in the process of obtaining commencement certificate from MCGM.

Oricon Enterprises share price touched an intraday high and intraday low of Rs 54.75 and Rs 46.55 respectively. Get the historical share price performance of Oricon Enterprises at Oricon Enterprises share price history.