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Railway stock hits 5% upper circuit after bagging an order from North Western Railways, Ajmer

Railway stock secured a ₹1.61 crore order from North Western Railways to supply PU Foam cushions for berth upgrades, reinforcing its role in railway modernization and passenger comfort.
Railway stock won ₹1.61 crore order to supply PU Foam cushions for berth upgrades.
Railway stock won ₹1.61 crore order to supply PU Foam cushions for berth upgrades.

Introduction:

Railway stock has secured a ₹1.61 crore order from North Western Railways, Ajmer, for supplying 66 sets of PU Foam cushion material for berth and seat upgrades. This contract strengthens its role in railway modernization, improving passenger comfort and enhancing its industry presence.

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Share Price movement of Oriental Rail Infrastructure:

On March 6, 2025, Oriental Rail Infrastructure Ltd opened at ₹153.00, reaching a high of ₹154.50, up 4.99% from its previous close of ₹147.15, and a low of ₹153.00. The stock is currently trading at ₹154.50, with a market cap of ₹958.81 crore.

Oriental Rail Infrastructure won an order:

Oriental Rail Infrastructure Limited has secured an order worth ₹1.61 crore from North Western Railways, Ajmer, Indian Railways. The contract involves supplying 66 sets of PU Foam as cushion material for berth and seat retrofitment, with delivery scheduled for completion by September 6, 2026.  

As per the contract terms, 95% payment will be released upon inspection certification and dispatch proof, while the remaining 5% will be settled after the final inspection and acceptance of goods. The contract is domestic and does not involve any related-party transactions or promoter interests.  

This order strengthens the company’s foothold in the railway sector, contributing to improved passenger comfort and modernization initiatives. By fulfilling this contract, the company continues to enhance its role in supplying key components for railway infrastructure upgrades.

Also Read: Ashish Kacholia stock hits 5% upper circuit after partnering with Tech Mahindra

Ace investor holding of Oriental Rail Infrastructure:

Mukul Mahavir Agrawal holds a 5.27% stake in Oriental Rail Infrastructure Ltd., with 3.4 million shares valued at ₹52.5 crore. A seasoned investor, he strategically invests in companies with growth potential, leveraging his expertise in identifying promising opportunities in the railway and infrastructure sectors.

Vinod Radheyshyam Agarwal owns 4.29% of Oriental Rail Infrastructure Ltd., holding 2.77 million shares worth ₹42.8 crore. With a focus on long-term value creation, his investment underscores confidence in the railway sector’s modernization, aiming for sustainable growth and improved market positioning.

Stock performance of Oriental Rail Infrastructure for Period of 1 week, 6 months and 1 year:

Over the past week, Oriental Rail Infrastructure’s stock declined 12%, reflecting short-term market weakness. Over the last six months, the stock saw a steep drop of 52.4%, indicating sustained pressure. Over the past year, it fell 42.2%, highlighting significant challenges in long-term performance.

Also Read: Chemical stock jumps 6% after strategic collaboration for EPC services

Shareholding pattern of Oriental Rail Infrastructure:

SummaryDec-24Sep-24Jun-24
Promoter 56.10%54.80%54.80%
FII0.40%0.30%0.30%
DII 0%0%0.00%
Public43.50%44.90%44.90%
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About Oriental Rail Infrastructure:

Oriental Rail Infrastructure Limited specializes in manufacturing railway components, including seating systems, coach interiors, and wagon parts. The company plays a key role in railway modernization, supplying high-quality products to Indian Railways and expanding its presence in infrastructure development and rolling stock solutions.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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