Equity Intelligence India decreased its stake in Orient Bell Limited from 5.03% to 4.67% by selling 52,800 shares. The value of the remaining stake is ₹22 Cr, with the shares priced at ₹321.45 apiece.
A leading ceramic and floor tile manufacturer in India, Orient Bell produces a comprehensive range of tiles for residential and commercial applications. The company operates across manufacturing, trading, and distribution channels, serving customers through an extensive network across the country. Established in 1977, it focuses on quality ceramic products and maintains a significant presence in the Indian tiles market through diverse product offerings.
Kochi-based founded by Porinju Veliyath in 2002. Contrarian deep-value smallcap manager known for buying out-of-favour businesses ahead of the cycle.
