Rs 1,430 crore order book: This multibagger railway wagons company receives new orders worth Rs 37,64,36,430.88 from Indian Railways! Kiran Shroff / 6-Oct, 2023 / Categories: Trending, Mindshare The stock is up by 85 per cent in 3 months and gave multibagger returns of 145 per cent in 6 months. Oriental Rail Infrastructure Ltd informed that the company has secured orders worth Rs 37,64,36,430.88 from Modern Coach Factory (MCF), Raebareli, Indian Railways for manufacturing and supplying 542 sets of seats and berths which includes 446 sets for LHB AC 3T coaches and 96 sets for LWSCN coaches. Further, the above-mentioned order of 446 sets for LHB AC 3T coaches is to be completed/supplied up to December 31, 2024, whereas the order of 96 sets for LWSCN coaches is to be completed/supplied up to February 29, 2024 Earlier, Oriental Foundry Private Limited, a wholly-owned subsidiary of the company received Research Design & Standard Organization (RDSO) approval for the enhancement of its manufacturing capacity of Wagons up to 2400 Wagons per year. Also, Oriental Foundry Private Limited, a wholly-owned subsidiary of the company has met the requirements of infrastructure, manufacturing, testing and quality assurance for the manufacturing of railway wagons Today, one of the Top Gainers on BSE, shares of Oriental Rail Infrastructure Ltd surged 2 per cent upper circuit to Rs 96.05 per share from its previous closing of Rs 94.17. In the recent trading sessions, the stock is hitting back-to-back upper circuits. 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 1,430 crore. Oriental Rail Infrastructure Ltd (BSE Scrip Code: 531859) is engaged in the manufacturing, buying, and selling of all types of recron, seat & berth, compreg boards and is also engaged in trading timber woods and all its products. The company has a market cap of over Rs 500 crore. The stock is up by 85 per cent in 3 months and gave multibagger returns of 145 per cent in 6 months. Investors should keep an eye on this micro-cap stock. Disclaimer: The article is for informational purposes only and not investment advice. 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. Rate this article: 3.4 Tags: Penny stockmultibagger stockupper circuitorder securedOrder bookOriental Rail Infrastructure Ltd Related articles Mukul Agrawal bought 34,00,000 shares of this multibagger rail infrastructure company with Rs 1,500 crore order book, scrip hit upper circuit & 52-week high! Multibagger penny stock under Rs 10: This civil construction company bags new order worth Rs 342.27 crore at Gift City – Gandhinagar 20:119 Rights Issue & 1:1 Bonus Share: LIC-backed multibagger penny stock at Rs 3.92 – Company bags orders worth Rs 210 million for its Agro and Infra Business Segments Mukul Agrawal’s portfolio stock with Rs 1,500 crore order book: This rail infrastructure company bags new orders worth Rs 12,79,86,280.91 from Indian Railways Multibagger penny stock at Rs 22: This electrical equipment company bags new orders worth Rs 40,00,00,000 in West Bengal Multibagger penny stock at Rs 31 with Rs 1,400 crore order book: This engineering company reports stellar results and allotted 1,26,28,21,120 shares by way of bonus issue! Multibagger penny stock under Rs 65 bags new order worth Rs 5,64,64,470 from Subhasree Projects Pvt Ltd; scrip hit upper circuit & 52-week high! Multibagger penny stock under Rs 100 & Rs 2,845 crore order book: This civil construction company bags new order worth Rs 416 crore from Capgemini Technology Services India Ltd! Penny stock at Rs 22 and promoters sold 3,03,39,541 shares: This micro-cap company bags new orders worth Rs 69.33 crore from various clients across India Multibagger penny stock under Rs 85: This electrical equipment company bags new orders worth Rs 7,40,00,000 from L&T, Tata Power and other clients! Multibagger penny stock below Rs 30: This micro-cap company bags new orders worth Rs 78,70,000 from Government of West Bengal! Multibagger penny stock under Rs 80: This micro-cap company bags new order worth Rs 110,61,79,200 from Uttar Pradesh Development Systems Corporation Ltd! Multibagger penny stock with Rs 361 crore order book: Board to allocate preferential issue of 2,25,24,980 shares to Anand Rathi Global Finance, VLS Finance and 76 others! Dilipkumar Lakhi's portfolio multibagger penny stock with Rs 169.2 crore order book: This iron & steel company receives new orders worth Rs 10,00,00,000 from a PSU company! Rs 55,300 crore order book: This multibagger civil construction company receives new orders worth Rs 1,500 crore from National Cooperative Development Corporation! Multibagger penny stock under Rs 60 and Rs 1,150 crore order book: Scrip hit back-to-back upper circuits; PAT zooms over 50 per cent! FII-bought 1,00,00,000 shares of the multibagger penny stock with Rs 361 crore order book; scrip hit upper circuit & PAT zooms 270 per cent! Multibagger penny stock below Rs 60 with Rs 1,440 crore order book: This small-cap engineering company bags new order worth Rs 364 crore from TANGEDCO! Multibagger penny stock under Rs 50: This construction company receives new order worth Rs 230 crore for redevelopment project in Mumbai! Rs 3,200 crore order book & FIIs increase stake: This micro-cap civil construction company bags new orders worth Rs 133.48 crore from Rites and TWSDB! Comments are only visible to subscribers.