Orient Electric, Zee Ent Shares Surge on Q3 Earnings; Orient Up 7%, Zee Up 4%
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Moneycontrol•22-01-2026, 17:12
Orient Electric, Zee Ent Shares Surge on Q3 Earnings; Orient Up 7%, Zee Up 4%
- •Orient Electric shares closed nearly 7 percent higher after reporting strong December quarter financial performance.
- •Orient Electric's profit before exceptional items and tax rose 19 percent to Rs 43.6 crore, driven by consumer durables demand.
- •The company's revenue increased by nearly 11 percent, with a 12.6 percent growth in the electric consumer durables segment.
- •Zee Entertainment Enterprises Ltd shares also ended 4 percent higher following its December quarter results.
- •Zee reported a 5.37 percent decline in consolidated net profit but saw total income rise 14.6 percent to Rs 2,298.5 crore.
Why It Matters: Orient Electric and Zee Ent shares gained on Q3 results, with Orient showing strong profit growth.
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