Stay updated with breaking news from Orient Electric. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Some consolidation is expected in the Nifty at around 17,600-17,700 but rotational buying across index majors will help in maintaining the positive tone, Ajit Mishra of Religare Broking has said
According to the company's shareholding pattern on February 4, 2023, Rekha Jhunjhunwala owned 42,50,000 equity shares or 6.95 per cent stake in the company. Her stake is worth Rs 34.35 crore.
After a career of over 37 years with Singer India Ltd and a successful stint as MD during the last 13 years, Rajeev has decided to step down from the company to pursue other interests.
The 30-share BSE Sensex fell 108 points or 0.18 per cent to 58,883 in the early trade, while the broader NSE Nifty moved 18 points or 0.11 per cent lower to trade at 17,341. Mid- and small-cap shares were positive as Nifty Midcap 100 rose 0.19 per cent and small-cap climbed 0.57 per cent.
Orient Electric shares plunged 6.66% intraday to Rs 252.35 against the previous close of Rs 270.35 on BSE.