Railway stock hits 5% upper circuit after securing order worth ₹2.78 Cr from Integral Coach Factory, ChennaiRailway stock hits 5% upper circuit after securing order worth ₹2.78 Cr from Integral Coach Factory, Chennai

Introduction:

Leading railway infrastructure company has secured a ₹2.78 crore order from Integral Coach Factory, Chennai. The contract involves supplying and installing 36 coach sets of seats and berths, further strengthening its role in enhancing Indian Railways’ passenger coach infrastructure.

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Share price movement of Oriental Rail Infrastructure:

On March 12, 2025, Oriental Rail Infrastructure Ltd opened at ₹184.40, up 2.87% from its previous close of ₹177.90. The stock reached a high of ₹186.75 and a low of ₹181.50. By 11:56 AM, it traded at ₹183.00, with a market cap of ₹1,181.43 crore.

Oriental Rail Infrastructure secures ₹2.78 crore order:

Oriental Rail Infrastructure Limited has secured a ₹2.78 crore order from Integral Coach Factory (ICF), Chennai, Indian Railways. The contract involves supplying and installing 36 coach sets of seats and berths for LSCN/BW2 coaches, with execution by May 10, 2025.

Under the contract terms, 90% of the payment will be made upon inspection certification and proof of dispatch, while the remaining 10% and installation charges will be received after acceptance. The order, awarded by a domestic entity, strengthens the company’s position in the railway sector.

This development highlights Oriental Rail Infrastructure’s growing role in Indian Railways modernization efforts. The company confirmed that neither its promoters nor group companies have any interest in the awarding entity, and the contract does not fall under related party transactions.

Recent news on Oriental Rail Infrastructure:

As of March 07, 2025, Oriental Rail Infrastructure Ltd secured a ₹1.61 crore order from North Western Railways, Ajmer, to supply 66 sets of PU foam cushions for berth and seat retrofitment, with completion scheduled by September 6, 2026.

Ace investor holding in Oriental Rail Infrastructure:

Mukul Mahavir Agrawal

Mukul Mahavir Agrawal holds a 5.27% stake in Oriental Rail Infrastructure Ltd, with 3,400,000 shares worth ₹57.9 crore, showcasing his strong belief in the company’s growth prospects in the railway infrastructure industry.

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

Oriental Rail Infrastructure Ltd has delivered a 26.9% return over the past week. However, the stock has seen a decline of 36.4% in six months and 23.4% over the past year, reflecting market volatility and sector challenges.

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Shareholding pattern of Oriental Rail Infrastructure:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	56.10%	54.80%	54.80%
FII	0%	0.30%	0.30%
DII	0.00%	0%	0.00%
Public	43.50%	44.90%	44.90%

About Oriental Rail Infrastructure:

Oriental Rail Infrastructure Ltd (BSE: 531859) focuses on manufacturing and trading Recron, Seat & Berth, Compreg Boards, and timber wood products. The company is integral to supplying vital railway components, contributing to India’s growing rail infrastructure.

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.