Oriental Rail Infrastructure touches roof on securing order worth Rs 12.14 crorev
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Oriental Rail Infrastructure is currently trading at upper circuit limit of Rs. 184.40, up by 8.75 points or 4.98% from its previous closing of Rs. 175.65 on the BSE.
The scrip opened at Rs. 184.40 and has touched a high and low of Rs. 184.40 and Rs. 184.40 respectively. So far 42866 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 184.40 on 18-Dec-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. 184.40 and Rs. 153.90 respectively. The current market cap of the company is Rs. 946.81 crore.
The promoters holding in the company stood at 57.85%, while Non-Institutions held 42.15% stake in the company.
Oriental Rail Infrastructure has secured order worth Rs 12.14 crore from ‘Modern Coach Factory (MCF), Raebareli, Indian Railways. The order is for Manufacturing and Supplying of 126 sets of ‘Seat and Berths’ for LHB AC3T Economy coaches. The said order is to be executed by May 31, 2024.
Earlier, the company’s Wholly Owned Subsidiary -- Oriental Foundry had secured order worth Rs 485.09 crore from Railway Board, Indian Railways for Manufacture and Supply of 1,200 BOXNS Wagons.
The company is engaged in the manufacture and distribution of wood-based decorative products.
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