Mukul Agrawal-Backed Multibagger Railway Company Bags Order Worth Rs 19,33,83,382 from Rail Coach Factory Kapurthala, Stock Hits Upper Circuit!
The company’s shares have delivered an impressive return of over 530 per cent in just 1 year only.
Oriental Rail Infrastructure Ltd is actively involved in manufacturing, purchasing, and selling a diverse range of products such as Recron, Seat & Berth, and Compreg Boards, alongside trading in timber and related goods.
On Wednesday, the company secured significant orders worth Rs 19,33,83,382.04 from the Rail Coach Factory (RCF), Kapurthala, under Indian Railways. The orders include manufacturing and supplying 194 sets of 'Seats' for LHB GS coaches, 96 sets of 'Seats and Berths' for LHB SCN coaches, and 29 sets of 'Seats and Berths' with MS corrugated sheet for LHB AC3T coaches.
The deadlines for executing these contracts are scheduled as follows: April 2, 2025, for LHB GS coaches; July 4, 2025, for LHB SCN coaches; and July 4, 2025, for LHB AC3T coaches.
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Oriental Rail Infrastructure Ltd shares closed the day at around Rs 360.55 per share. The company’s current market capitalisation stands at Rs 2215.90 crore. The stock has delivered a return of over 530 per cent in the just 1 year.
As per the Quarterly Results, in the fourth quarter of FY24, Oriental Rail Infrastructure Ltd recorded a revenue of Rs 172.04 crore. The operating profit for Q4 FY24 stood at Rs 12.67 crore. The net profit for Q4 FY24 was Rs 4.37 crore. Looking at the annual performance, the company generated a revenue of Rs 526 crore in FY24, compared to Rs 325 crore in FY23. The operating profit for FY24 was Rs 67 crore with a net profit of Rs 30 crore.
Mukul Agrawal owns a 5.53 per cent stake in the company.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.