Oriental Rail Infrastructure touches roof on securing first order of Vande Bharat
Oriental Rail Infrastructure is currently trading at upper limit of Rs. 170.30, up by 8.10 points or 4.99% from its previous closing of Rs. 162.20 on the BSE.
The scrip opened at Rs. 170.30 and has touched a high and low of Rs. 170.30 and Rs. 165.00 respectively. So far 38637 shares were traded on the counter.
The BSE group 'B' 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. 137.20 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 170.30 and Rs. 137.20 respectively. The current market cap of the company is Rs. 1099.44 crore.
The promoters holding in the company stood at 56.05%, while Institutions and Non-Institutions held 0.42% and 43.53% respectively.
Oriental Rail Infrastructure has entered into the segment of Vande Bharat and accordingly has secured its first order worth Rs 42.89 crore from Rail Coach Factory (RCF), Kapurthala, Indian Railways for supply of 8 Sets of One Rake set of ‘Seats’ without Seat Fixing profile for Trainset-18 (Vande Bharat).
Delivery is to be made to RCF: Furnishing Depot. Further, 95 % of payment to be received against Inspection Certificate issued by the nominated inspection agency as specified in the contract and proof of dispatch/delivery of the material and Balance 5% after receipt, inspection and acceptance of the goods. The said order is expected to be completed by July 24, 2026.
Oriental Rail Infrastructure is engaged in the manufacturing and supply of several items for the Indian Railways and other industries.
