The co. engaged in manufacturing paper. Oreint Electric is 100% subsidiary of this co. The co. has decided to demerge its electic division. Orient paper ind. holder will recieve 1:1 ratio of Orient Electric. Orient Electric has been established as good Brand. M S Dhoni is brand ambassador of the co. Oreint PSPO and Orient LED tube light has good demand in Indian consumer market. The co. has also started online selling for electrical retail consumable items. Paper co. is also in expansion and has turned around in profit making. Both the division are doing well and will do better in future. The stock is worth to add @ 97-99 price in portfolio for medium to long term As you are going to get Orient Electric share 1:1 for free. Ace investor Dolly khanna also recommended the stock.
Sir,Thanks for your valuable suggestion.
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ReplyDeleteSuper recommendation.thanks sir
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