Back-to-Back upper circuits: This small-cap multibagger company bags Rs 4,85,08,76,160 order for wagons from Indian Railways!

Back-to-Back upper circuits: This small-cap multibagger company bags Rs 4,85,08,76,160 order for wagons from Indian Railways!

Aniket Gogate

The stock has delivered returns of 52.87 per cent in just 1 month and a multibagger returns of 301.49 per cent over 3 years.

Today for the second consecutive day shares of Oriental Rail Infrastructure Ltd hit a 5 per cent upper circuit to Rs 175.65 per share from its previous closing of Rs 167.30.

Yesterday, Oriental Rail Infra landed a MEGA order from Indian Railways through, its wholly-owned subsidiary, Oriental Foundry Private Limited for Rs 485 crore which is more than HALF the size of the company itself! This is a huge deal for the company, and could be a major boost to its stock price. This groundbreaking deal, encompassing the manufacture and supply of 1,200 BOXNS wagons, represents a game-changer for OFPL, catapulting it nearly halfway to its market capitalization in a single swoop.

Coupling Growth with Make in India
 This colossal contract isn't just about numbers; it's a resounding victory for domestic manufacturing under the "Make in India" initiative. OFPL, a homegrown champion in heavy engineering, has outshone competitors to clinch this prestigious order, solidifying its position as a leading player in the crucial railway rolling stock sector. This feat not only bolsters ORIL's financial strength but also injects a potent dose of self-reliance into the Indian economy.

Unboxing the Benefits
 The BOXNS wagons, renowned for their versatility and efficiency, will play a pivotal role in revamping the Indian Railways' freight carrying capacity. This translates to enhanced trade logistics, smoother connectivity across the nation, and ultimately, a stronger, more dynamic India. For OFPL, the order guarantees a robust revenue stream, job creation, and the potential for further expansion, propelling ORIL towards a brighter future.

Gearing Up for the Future
 To fulfill this ambitious contract, OFPL will leverage its state-of-the-art manufacturing facilities and 30 years of expertise in the railway sector. With a fully equipped laboratory for rigorous testing and a dedicated R&D wing, the company is well-equipped to deliver wagons that meet the Indian Railways' demanding standards.

Beyond the Horizon
This mammoth order is just the first whistle in what promises to be a high-speed journey for OFPL. As India's infrastructure boom continues, the demand for high-quality wagons is expected to skyrocket. With its proven track record, skilled workforce, and unwavering commitment to excellence, OFPL is ideally positioned to capitalize on this growth, propelling ORIL to even greater heights.

The stock has delivered returns of 52.87 per cent in just 1 month and a multibagger returns of 301.49 per cent over 3 years. Investors should keep an eye on this Small-Cap Railway stock.

 

Disclaimer: The article is for informational purposes only and not investment advice. 

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