This Porinju Veliyath-owned stock has zoomed over 130% from May lows

Orient Bell hit a fresh all-time high of Rs 779 as the company's stock rallied 13% on the BSE

Shares of Orient Bell (OBL) hit a fresh all-time high of Rs 779 after they rallied 13 per cent on the BSE in Tuesday's intra-day trade on strong business look. The shares surpassed their previous high of Rs 733, recorded on June 30, 2022.

In the past one week, the stock has rallied 34 per cent after Crisil ratings upgraded its ratings on the bank facilities of the company to 'CRISIL A/Stable/CRISIL A1' from 'CRISIL A-/Stable/CRISIL A2+'. The rating agency believes OBL will continue to benefit from its established market position and comfortable financial risk profile. In comparison, the