Oriental Rail Infrastructure soars on securing orders worth Rs 12.80 crore
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Oriental Rail Infrastructure is currently trading at Rs. 278.00, up by 5.70 points or 2.09% from its previous closing of Rs. 272.30 on the BSE.
The scrip opened at Rs. 277.80 and has touched a high and low of Rs. 279.00 and Rs. 274.00 respectively. So far 79657 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 302.40 on 08-Jan-2024 and a 52 week low of Rs. 33.50 on 04-May-2023.
Last one week high and low of the scrip stood at Rs. 285.20 and Rs. 255.60 respectively. The current market cap of the company is Rs. 1621.37 crore.
The promoters holding in the company stood at 57.85%, while Institutions and Non-Institutions held 0.02% and 42.13% respectively.
Oriental Rail Infrastructure has secured orders worth around Rs 12.80 crore from ‘Integral Coach Factory (ICF), Chennai, Indian Railways’ for manufacturing and supplying of 208 sets of ‘Seat and Berths’ for LWACCN coaches. The said order is expected to be completed by December 24, 2024.
The company is engaged in the manufacture and distribution of wood-based decorative products.
