Orient Cement (India) Today
Orient Cement is trading at 230.15 as of the 1st of May 2024, a -2.89 percent decrease since the beginning of the trading day. The stock's open price was 237.0. Equity ratings for Orient Cement Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2023 and ending today, the 1st of May 2024. Click here to learn more.
Orient Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Orient Cement's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Orient Cement or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| MD CEO | Desh Khetrapal |
| Business Concentration | Materials, Construction Materials (View all Sectors) |
Orient Cement Limited (ORIENTCEM) is traded on National Stock Exchange of India in India and employs 1,275 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 48.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Orient Cement's market, we take the total number of its shares issued and multiply it by Orient Cement's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Orient Cement Limited has 204.87 M outstanding shares.
Orient Cement Limited has accumulated about 694.38 M in cash with 1.11 B of positive cash flow from operations.
Check Orient Cement Probability Of Bankruptcy
Orient Cement Limited Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Orient Cement market risk premium is the additional return an investor will receive from holding Orient Cement long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Orient Cement. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Orient Cement's alpha and beta are two of the key measurements used to evaluate Orient Cement's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.05 | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.57 | |||
| Risk Adjusted Performance | (0.21) |
Orient Stock Against Markets
Picking the right benchmark for Orient Cement stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Orient Cement stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Orient Cement is critical whether you are bullish or bearish towards Orient Cement Limited at a given time. Please also check how Orient Cement's historical prices are related to one of the top price index indicators.
Orient Cement Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Orient Cement stock to make a market-neutral strategy. Peer analysis of Orient Cement could also be used in its relative valuation, which is a method of valuing Orient Cement by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Orient Cement Corporate Management
Elected by the shareholders, the Orient Cement's board of directors comprises two types of representatives: Orient Cement inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Orient. The board's role is to monitor Orient Cement's management team and ensure that shareholders' interests are well served. Orient Cement's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Orient Cement's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sandeep Kothari | VP Chain | Profile | |
| Srinivasa Rao | Senior Marketing | Profile | |
| Keshav Sharma | Senior Excellence | Profile | |
| N Srinivas | Senior Resources | Profile | |
| Nidhi Bisaria | Compliance Sec | Profile |
How to buy Orient Stock?
Before investing in Orient Cement, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Orient Cement. To buy Orient Cement stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Orient Cement. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Orient Cement stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Orient Cement Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Orient Cement Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Orient Cement Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Orient Cement Limited?
The danger of trading Orient Cement Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Orient Cement is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Orient Cement. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Orient Cement Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Orient Stock analysis
When running Orient Cement's price analysis, check to measure Orient Cement's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orient Cement is operating at the current time. Most of Orient Cement's value examination focuses on studying past and present price action to predict the probability of Orient Cement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orient Cement's price. Additionally, you may evaluate how the addition of Orient Cement to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |