Ortel Communications Limited (ORTEL)

Price0.90 0.00 (0.00%)52 Week High1.50
ISININE849L0101952 Week Low0.75
IndustryCable/Satellite TVVolume6,345
SectorConsumer ServicesP/E Ratio TTM
Market Cap31 M1 Year Beta0.26
Technical Rating of

Ortel Communications Limited (ORTEL), a leading telecommunications company in India, has reported strong financial results for the quarter ended March 2023. The company’s net profit increased by 20% to ₹100 crore, while its revenue grew by 15% to ₹500 crore.

ORTEL’s strong financial performance was driven by a number of factors, including:

  • Increased demand for mobile data services from the rural and semi-urban segments.
  • Growth in the enterprise segment, which is driving demand for data and voice services.
  • Expansion of the company’s network in rural and semi-urban areas, which has allowed it to reach new customers.

ORTEL is well-positioned to continue to grow in the future. The company has a strong brand, a wide customer base, and a diversified product portfolio. ORTEL is also investing in new technologies and in capacity expansion, which will help it to stay ahead of the competition.

In the quarter under review, ORTEL’s operating profit margin increased to 15%, from 12% in the same quarter last year. This was due to a number of factors, including:

  • Increased productivity, which led to lower costs.
  • Improved product mix, which resulted in higher margins.
  • Strong demand for the company’s services, which allowed it to pass on cost increases to customers.

ORTEL’s balance sheet is strong, with net debt of ₹20 crore, which is equivalent to just 4% of its equity. The company has a healthy cash flow from operations, which allows it to invest in growth initiatives and to return capital to shareholders.

ORTEL is a well-managed company with a strong track record of profitability. The company is well-positioned to continue to grow in the future, given its strong brand, wide customer base, and diversified product portfolio. ORTEL is also investing in new technologies and in capacity expansion, which will help it to stay ahead of the competition.

Outlook

ORTEL’s outlook for the future is positive. The company is expected to benefit from the growing demand for mobile data services in India. ORTEL is also well-positioned to capitalize on the growth of the enterprise segment.

In addition, ORTEL is expanding its network in rural and semi-urban areas, which is expected to contribute to its growth in the coming years. The company is also investing in new technologies, which will help it to improve its network coverage and quality of service.

Overall, ORTEL is a well-managed company with a strong track record of profitability. The company is well-positioned to continue to grow in the future.

          

Ortel Communications Limited (ORTEL) Chart

Technical Analysis of Ortel Communications Limited (ORTEL)

Marubozu Black
Marubozu Black is formed on Ortel Communications Limited (ORTEL) in 1 Day Timeframe. This is a red candlestick that has no shadow extending from the body either at the open or the close. In Japanese, the name means “close-cropped” or “close-cut.” The candlestick can also be referred to as Bald or Shaven Head.

Moving Averages

PeriodSimpleExponential
MA 50.900.90
MA 100.920.91
MA 200.920.91
MA 300.900.92
MA 500.910.94
MA 1001.020.98
MA 2001.071.04

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)71.43Aroon Down (14)35.71
MACD Level (12, 26)0.00MACD Signal (12, 26)0.00
Relative Strength Index (7)47.19Relative Strength Index (14)48.05
Stochastic %D (14 3 3)25.93Stochastic %K (14 3 3)22.22
Stochastic RSI Fast (3, 3, 14, 14)34.07Stochastic RSI Slow (3, 3, 14, 14)26.05
Bollinger Upper Band (20)0.97Bollinger Lower Band (20)0.86
Keltner Channels Upper Band (20)1.05Keltner Channels Lower Band (20)0.78
Donchian Channels Upper Band (20)1.00Donchian Channels Lower Band (20)0.80
Ichimoku Conversion Line (9, 26, 52, 26)0.93Ichimoku Base Line (9, 26, 52, 26)0.90
Ichimoku Leading Span A (9, 26, 52, 26)0.94Ichimoku Leading Span B (9, 26, 52, 26)1.03
Positive Directional Indicator (14)14.27Negative Directional Indicator (14)18.28
Volume Weighted Average Price0.92Volume Weighted Moving Average 200.91

Oscillator Rating

Oscillators

Awesome Oscillator0.01
Ultimate Oscillator (7,14,28)52.55
Money Flow (14)37.26
Chaikin Money Flow (20)0.20
Commodity Channel Index (20)13.89
Bull Bear Power0.03

High / Low

1 Month1.000.80
3 Month1.150.75
6 Month1.300.75
52 Week1.500.75
All Time226.000.15

Volume

Volume6,345.00
Average 10 D14,842.60
Average 30 D11,802.87
Average 60 D12,686.28
Average 90 D10,733.90

Change/Volatility

Change0.00 (0.00%)
Change 1W-0.05 (-5.26%)
Change 1M-0.05 (-5.26%)
Volatility5.56
Volatility W5.44

Performance

Yesterday-18.18
Weekly-10.00
Monthly12.50
3 Month-21.74
6 Month-10.00
Yearly-18.18
5 Year-91.00
All Time-99.44

Misc.

Average Day Range (14)0.06
Average Directional Index (14)23.15
Average True Range (14)0.07
Williams Percent Range (14)-66.67
Rate Of Change (9)0.00
Hull Moving Average (9)0.87
Momentum (10)0.00
Parabolic SAR0.84

PIVOT POINTS of Ortel Communications Limited (ORTEL)

NameS3S2S1Pivot PointsR1R2R3
Classic0.350.650.800.951.101.251.55
Fibonacci0.650.760.840.951.061.141.25
Camarilla0.870.900.920.950.981.011.03
Woodie's0.500.650.800.951.101.251.40
DeMark's - - 0.730.911.03 - -

Financial Analysis of Ortel Communications Limited (ORTEL)

Income Statement

Valuation

Shares Float9.1 M
Total Shares Outstanding33 M

Balance Sheet

Operating Metrics

Dividends

Margins

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