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31-07-2024 11:02 AM | Source: Accord Fintech
Oriental Rail Infrastructure surges on securing order worth Rs 1.92 crore from MCF

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Oriental Rail Infrastructure is currently trading at Rs. 390.00, up by 9.30 points or 2.44% from its previous closing of Rs. 380.70 on the BSE.

The scrip opened at Rs. 384.95 and has touched a high and low of Rs. 394.40 and Rs. 380.00 respectively. So far 3859 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 445.00 on 19-Jul-2024 and a 52 week low of Rs. 60.00 on 21-Aug-2023.

Last one week high and low of the scrip stood at Rs. 407.70 and Rs. 362.05 respectively. The current market cap of the company is Rs. 2339.74 crore.

The promoters holding in the company stood at 54.81%, while Institutions and Non-Institutions held 0.33% and 44.87% respectively.

Oriental Rail Infrastructure has secured order worth Rs 1.92 crore from ‘Modern Coach Factory (MCF), Raebareli, Indian Railways’. The order is for manufacturing and supplying of 30 sets of ‘Seats and Berths’ for LWSCN coaches.

Delivery is to be made to MCF: Furnishing Depot. Further, 100% of payment will be received against receipt, inspection and acceptance of the material by the consignee at destination.

Oriental Rail Infrastructure is engaged in the manufacture and distribution of wood-based decorative products.