Upper Circuit Alert & Rs 1,349.65 Crore Order Book: Rail Infrastructure Company Bags New Order Worth Rs 1,50,37,920 From Indian Railways
The stock gave multibagger returns of 300 per cent in just 2 years and a whopping 12,175 per cent since its listing in 2005.
On Monday, shares of Oriental Rail Infrastructure Ltd hit a 5 per cent upper circuit to Rs 177.80 per share from its previous closing of Rs 169.35 per share. The stock’s 52-week high is Rs 445 per share, while its 52-week low is Rs 137.20 per share.
Oriental Rail Infrastructure Limited has been awarded a domestic order valued at Rs 1,50,37,920 from Integral Coach Factory (ICF), Chennai, Indian Railways, for the supply and installation of 18 sets of One Coach Set of Seats and Berth complete for LWSCWAC/EOG coaches, with 90% payment upon inspection and provisional receipt, and the remaining 10 per cent along with installation charges payable after final acceptance and installation, with the order slated for execution by June 21, 2025, at Furnishing Depot/ICF, Chennai.
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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.
As of March 2025, an ace investor, Mukul Agrawal, owns a 5.27 per cent stake in the company. The stock gave multibagger returns of 300 per cent in just 2 years and a whopping 12,175 per cent since its listing in 2005. 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.