Mukul Agrawal-backed Multibagger Railway Company Bags Order Worth Rs 3,67,98,300 from Western Railways – FIIs Increased Stake in Q1 FY25!
The company’s shares have delivered a multibagger return of over 195 per cent to its shareholders in just 1 year.
This Small-Cap railway infra company has secured a domestic order valued at Rs 3.67 crore from Western Railways, Mahalaxmi, and Indian Railways. The order involves the supply and fitment of stainless steel 3-seater/2-seater seats in Siemens-type coaches. Delivery is expected by October 30, 2025, with 80 per cent of the payment to be received against an inspection certificate and proof of dispatch, and the remaining 20 per cent upon inspection and acceptance of the goods.
Oriental Rail Infrastructure Ltd is involved in the manufacturing, purchasing, and selling of various products, including Recron, seats and berths, and Compreg boards. The company is also engaged in the trading of timber wood and its related products.
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On Friday, the shares of the company closed at around Rs 272.85 per share on the BSE. The current market capitalization of Oriental Rail Infrastructure Ltd stands at Rs 1676.91 crore, and the stock has generated an impressive multibagger return of around 195 per cent in just 1 year.
As per the Quarterly Results, in the Q1 FY25, Oriental Rail Infrastructure Ltd recorded a revenue of Rs 123.06 crore compared to Rs 92.81 crore. The operating profit stood at Rs 13.94 crore. The net profit stood at Rs 5.86 crore compared to a profit of Rs 5.44 crore. Looking at the annual performance, the company generated a revenue of Rs 526 crore in FY24. The operating profit for FY24 was Rs 670 crore with a net profit of Rs 30 crore compared to a net profit of Rs 3 crore in FY23.
According to the shareholding pattern of the company, the promoters hold a significant 54.81 per cent stake. Public investors own 44.86 per cent of the shares, while Foreign Institutional Investors (FIIs) hold 0.33 per cent in the company which was earlier 0.02 per cent. Ace Investor Mukul Agrawal holds a 5.53 per cent stake.
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Disclaimer: The article is for informational purposes only and not investment advice.