Upper circuit alert: Rs 7,27,87,850 and Rs 19,91,85,175 order received by small-cap multibagger stock preferred vendor of Indian Railways; record profits reported!

In the past six months, the stock has delivered an astounding return of over 251 per cent, turning it into a multibagger for investors.

Oriental Rail Infrastructure Ltd has been on an impressive upward trajectory, consistently hitting the upper circuit for the past four days. This sustained surge reflects a robust market sentiment and investor confidence in the company's rail infrastructure ventures. In the past six months, the stock has delivered an astounding return of over 251 per cent, turning it into a multibagger for investors. The remarkable stock performance aligns with the company's solid financials, making Oriental Rail Infrastructure an attractive proposition for investors.

Moving on to recent developments, the company has secured significant orders from the prestigious 'Rail Coach Factory (RCF), Kapurthala, Indian Railways.' The first order involves the manufacturing and supply of 113 sets of 'Seat and Berths' for LHB SCN coaches, with a deadline set for April 10, 2024.

The second, even more substantial order, comprises 277 sets of 'Seat and Berths,' including 195 sets for LHB AC 3T coaches and 82 sets for LHB AC 2T coaches, to be delivered by August 28, 2024. These orders underscore the company's robust capabilities and strategic collaboration with Indian Railways.

Additionally, Oriental Rail Infrastructure had previously secured noteworthy orders from the 'Modern Coach Factory (MCF), Raebareli, Indian Railways,' with a cumulative order value exceeding Rs 64.84 crores over the past two months. These orders involve the manufacturing and supplying of 542 sets of 'Seat and Berths,' catering to both LHB AC 3T coaches and LWSCN coaches, with meticulous execution set to be completed by December 31, 2024, and February 29, 2024, respectively.

Oriental Rail Infrastructure Ltd is a dynamic player in the manufacturing sector, specializing in Recron, Seat & Berth, and Compreg Boards. Additionally, the company is engaged in the trading of timber woods and related products. The Q2FY2024 financials reveal a remarkable YoY change, with sales witnessing a staggering 97 per cent growth. The EBIDT has seen a 38 per cent increase, showcasing the company's operational efficiency. Net profit has also surged by 40 per cent, reflecting the company's profitability. These financial indicators further solidify Oriental Rail Infrastructure's pivotal role in contributing to the nation's rail infrastructure.

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