Oricon Enterprises Limited (ORICONENT.NS)
Oricon Enterprises Limited operates in the Conglomerates industry of the Industrials sector, headquartered in Mumbai, MA, IN. The stock last traded at $53.12, up 2.57% on the session, giving a market capitalisation of $8.34B. Its beta of 0.28 implies it has historically moved less than the broad market.
Oricon Enterprises Limited, an Indian conglomerate established in Mumbai in 1968, conducts its diverse business activities both domestically and internationally. The company's operations primarily span real estate development, marine logistics, packaging solutions, and petrochemical manufacturing. In marine logistics, Oricon provides extensive services such as lighterage, stevedoring, and freight management for a wide range of dry bulk cargo, including coal, petcoke, various polymers, cement, steel plates, salt, and sugar. The packaging division is responsible for producing and marketing metal and plastic closures. Furthermore, its petrochemical unit manufactures and sells industrial-grade mixed pentane and heptane. The company's real estate ventures include developing a land parcel and a school, along with redeveloping its Oricon House property located in Worli, Mumbai. Oricon also manages port operations across Gujarat, Maharashtra, and Goa. Complementary services offered by the company include warehousing and acting as a clearing agent. This enterprise was previously known as Oriental Containers Ltd.
Oricon Enterprises Limited is most often compared with the following Industrials names: