Oriental Rail Infrastructure touches roof on securing order worth Rs 1.07 crore
Oriental Rail Infrastructure is currently trading at its upper circuit limit of Rs. 249.60, up by 11.85 points or 4.98% from its previous closing of Rs. 237.75 on the BSE.
The scrip opened at Rs. 249.50 and has touched a high and low of Rs. 249.60 and Rs. 249.00 respectively. So far 13810 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. 218.00 on 22-Nov-2024.
Last one week high and low of the scrip stood at Rs. 269.30 and Rs. 237.65 respectively. The current market cap of the company is Rs. 1534.89 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 secured order worth Rs 1.07 crore from Modern Coach Factory (MCF), Raebareli, Indian Railways.
Under the contract, the company will manufacture and supply 25 Sets of ‘Seats and Berths’ for LHB SLR HOG coaches and 5 sets of ‘Seats and Berths’ suitable with SS pillars for LHB AC2T coaches. The order is to be executed by July 31, 2025.
Delivery is to be made to Furnishing Depot/MCF, Raebareli. Further, the 100% payment will be received against receipt, inspection and acceptance of the material by the consignee at destination.
Oriental Rail Infrastructure is engaged in the manufacturing and supply of several items for the Indian Railways and other industries.
