DSIJ Mindshare

Rs 1,349.65 Crore Order Book: Rail Infrastructure Company Bags New Order Worth Rs 5,18,34,709.60 From Indian Railways
Kiran Shroff
/ Categories: Trending, Multibaggers

Rs 1,349.65 Crore Order Book: Rail Infrastructure Company Bags New Order Worth Rs 5,18,34,709.60 From Indian Railways

The stock gave multibagger returns of 330 per cent in just 2 years and a whopping 1,155 per cent in a decade.

Oriental Rail Infrastructure Limited has secured an order worth Rs. 5,18,34,709.60 from Modern Coach Factory (MCF), Raebareli, Indian Railways, for the manufacturing and supply of 25 LHB Non-AC Second Class Deendayalu (LWSDD) Coaches on a turnkey basis. A domestic entity awarded the order. Delivery is to be made to the MCF Raebareli Furnishing Depot. Payment terms include 70% upon material receipt and acceptance by the Deputy Chief Mechanical Engineer (D/Fur) and the remaining 30 per cen0074 after successful coach completion. The order is to be executed by August 20, 2025.

About the Company

Oriental Rail Infrastructure Ltd (BSE Scrip Code: 531859) is engaged in the manufacturing, buying, and selling of all types of recron, seat & berth and compreg boards and is also engaged in trading timber woods and all its products. The company has a market cap of over Rs 2,000 crore. The company reported positive numbers in its Quarterly Results and annual results. Additionally, Oriental Rail Infrastructure announced that the company along with its subsidiary company (Oriental Foundry Private Ltd) has total orders in hand of approx. Rs 1,349.65 crore.

DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.

According to quarterly results, the company reported net sales of Rs 186 crore and a net profit of Rs 10 crore in Q2FY25 while in its annual results, the company reported net sales of Rs 526 crore and a net profit of Rs 30 crore in FY24.

As of September 2024, an ace investor, Mukul Agrawal owns a 5.53 per cent stake in the company. The stock gave multibagger returns of 330 per cent in just 2 years and a whopping 1,155 per cent in a decade. Investors should keep an eye on this rail infrastructure stock under the radar.

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

Previous Article Auto Penny Stock Under Rs 30 in Focus as Company Starts Commercial Production of New Components
Next Article FIIs Bought 10,296 Shares & 42.6 Per Cent From Its 52-Week Low; Board Announces Stock Split From Rs 10 to Rs 5
Print
516 Rate this article:
4.0
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR