Q2FY25 result update of " ORIENTBELL "

ORIENTBELL - Building Products (Ceramics) - Smallcap PAT for the period stood at Rs 97 lakhs, which stood at Rs (187) lakhs and Rs 69 lakhs in Q1 FY 25 and Q2 FY24 respectively. Stock seems 'highle valued' as per industry Price chart taking Support on Downtrend Opinion - Not so convincing quarterly results and annual results also show a gradual decline since last two years, decent balance sheet. Watch out for support on weekly timeframe around Rs 345, have targets between 5-10%