Back-to-back lower circuits & Rs 1,349.65 crore order book: Rail infrastructure company bags new order worth Rs 6,57,30,720 from Indian Railways

The stock gave multibagger returns of 320 per cent in just 2 years and a whopping 12,000 per cent since its listing in 2005.

Oriental Rail Infrastructure Limited has secured a domestic order valued at Rs 6,57,30,720 from Integral Coach Factory (ICF), Chennai, Indian Railways. The contract involves the supply and installation of 88 sets of coach seats and berths for LSCN/BW2 coaches. Delivery is to be made to the Furnishing Division/ICF, Chennai, with up to 90 per cent of the payment for the supply portion being released upon receipt of an inspection certificate and Provisional Physical Receipt Certificate. The remaining 10 per cent for the supply, along with 100 per cent of the installation charges, will be paid after acceptance of the goods by the consignee and issuance of an installation certificate. The order is slated for completion by January 31, 2026.

Earlier, the company was 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 per cent of the supply cost will be released upon submission of the inspection certificate and Provisional Physical Receipt Certificate, while the remaining 10 per cent 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 320 per cent in just 2 years and a whopping 12,000 per cent since its listing in 2005.

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