Oriental Rail Infrastructure surges on getting orders worth Rs 7.27 crore from Rail Coach Factory
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Oriental Rail Infrastructure is currently trading at Rs. 119.00, up by 4.10 points or 3.57% from its previous closing of Rs. 114.90 on the BSE.
The scrip opened at Rs. 120.50 and has touched a high and low of Rs. 120.60 and Rs. 118.00 respectively. So far 312490 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 127.75 on 08-Nov-2023 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. 120.60 and Rs. 110.40 respectively. The current market cap of the company is Rs. 650.07 crore.
The promoters holding in the company stood at 57.85%, while Non-Institutions held 42.15% in the company.
Oriental Rail Infrastructure has secured orders worth Rs 7.27 crore from Rail Coach Factory (RCF), Kapurthala, Indian Railways. The company has received orders for manufacturing and supplying of 113 sets of ‘Seat and Berths’ for LHB SCN coaches.
Earlier, the company had bagged order for manufacturing and supplying of 277 sets of ‘Seat and Berths’ which includes 195 sets for LHB AC 3T coaches and 82 sets for LHB AC 2T coaches.
The company is engaged in the manufacture and distribution of wood-based decorative products.
