Nippon India Mutual Fund has acquired approximately 12.85 lakh shares of Orient Electric for roughly INR 239 crores at a price of INR 185.96 per share, signifying potential faith in the company's growth trajectory.

ICICI Securities has kept a 'Buy' rating for Orient Electric, raising its target price to ₹200 based on the company's focus on premium products, price increases, and innovation driving margin growth. However, potential risks include increased competition, commodity inflation, and volatile supply chains.