orient electric

Orient Electric Q4 Results: Posts quarterly profit rise on strong demand

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Orient Electric Q4 Results: Posts quarterly profit rise on strong demand

Home appliances maker Orient Electric posted an over two-fold rise in fourth-quarter profit on Friday, helped by strong demand for its fans and air coolers with the onset of summer. The company’s profit rose to 312.6 million rupees ($3.66 million) in the quarter ended March 31, from 128 million rupees a year ago. Revenue from … Read more

Mutual funds load up on these quality mid-cap stocks

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Mutual funds load up on these quality mid-cap stocks

Mumbai: Mutual fund managers have been consistent buyers in about 20 mid-cap stocks in each of the past eight quarters amid the sharp swings in the stock market. Stocks such as , V-Mart Retail, Bharat Forge, , , , , , Uno Minda, and Sudarshan Chemicals, among others, have seen an increase in mutual fund … Read more