Rs 1,349.65 Crore Order Book: Rail Infrastructure Company Bags New Order Worth Rs 2,46,49,614.72 From Indian Railways
The stock gave multibagger returns of 400 per cent in just 2 years and a whopping 12,600 per cent since its listing in 2005.
Oriental Rail Infrastructure Limited has been awarded a significant domestic order valued at Rs 2,46,49,614.72 from Integral Coach Factory (ICF), Chennai, a unit of Indian Railways. This contract entails the supply and installation of 32 sets of one coach set of chairs, with delivery scheduled to the Furnishing Depot/ICF, Chennai, by January 31, 2027. The payment terms stipulate that 90% of the supply cost will be released upon submission of the inspection certificate and Provisional Physical Receipt Certificate, while the remaining 10% of the supply cost, along with the full installation charges, will be processed after the consignee accepts the delivered and installed goods, based on the installation certificate issued by the competent authority.
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 400 per cent in just 2 years and a whopping 12,600 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.
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