# Orient Electric Shares Surge 31% in Two Weeks Post Q2 Results

> Orient Electric shares jumped 31% in two weeks after Q2 results showed 25.15% revenue growth and ICICI Securities raised target to ₹240.
- Title: Orient Electric Shares Surge 31% in Two Weeks Post Q2 Results
- Summary: Orient Electric shares jumped 31% in two weeks after Q2 results showed 25.15% revenue growth and ICICI Securities raised target to ₹240. Orient Electric…
- Keywords: orient electric, icici securities, q2 results, share price, revenue growth, target price, money, business, Orient, Electric, Shares, Surge
- Source: mint — https://livemint.com/market/stock-market-news/31-rally-in-2-weeks-orient-electric-share-price-surges-post-q2-results-icici-sec-sees-22-upside-target-price-11792137011730.html
- Author: Sharmila Bhadoria
- Published: 2026-10-16T08:53:58+00:00
- Read time: 1 min
- Topics: orient electric, icici securities, q2 results, share price, revenue growth, target price, money, business
## Orient Electric Shares Surge
Orient Electric shares rose 2.8% on Friday, extending a two-week rally of more than 30%.
## Q2 Results Show Strong Performance
The company reported revenue up 25.15% year on year to ₹879.34 crore in Q2FY27.
## ICICI Securities Maintains Buy Rating
ICICI Securities kept its Buy rating with a target price of ₹240, indicating 22% upside potential.
## Q2 Profit Growth
Net profit rose to ₹27.06 crore in Q2FY27 from ₹12.06 crore in Q2FY26.
## Market Reaction
The stock surged 23.3% in one week and 31.85% in two weeks since results announcement.
## ICICI Securities Analysis
ICICI Securities noted new products contributed over 30% of fan revenues with BLDC fans growing 26% YoY.
## Key takeaway

Orient Electric shares rose 31% in two weeks following Q2 results with 25.15% year-on-year revenue growth and ICICI Securities maintaining a ₹240 target price.