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Railway stock hits 5% upper circuit after securing order worth ₹42 Cr from Vande Bharat

News by Aliceblue News Desk

10 Mar 2025

Railway stock hits 5% upper circuit after securing order worth ₹42 Cr from Vande Bharat

Introduction:

Leading railway infrastructure company has secured its first order in the Vande Bharat segment, worth ₹42.89 crore, from Rail Coach Factory, Kapurthala. The contract involves supplying eight seat rake sets, reinforcing its contribution to Indian Railways’ modernization efforts.

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Also Read: Realty stock hits 5% upper circuit after receiving order worth ₹42 Cr from Vardhman Group

Share price movement of Oriental Rail Infrastructure:

On March 10, 2025, Oriental Rail Infrastructure Ltd opened at ₹170.30, up 4.99% from its previous close of ₹162.20. The stock reached a high of ₹170.30 and a low of ₹165.00. By 11:03 AM, it traded at ₹170.30, with a market cap of ₹1,056.86 crore.

Oriental Rail Infrastructure Secures ₹42.89 Crore Vande Bharat Order:

Oriental Rail Infrastructure Limited has entered the Vande Bharat segment, securing its first order worth ₹42.89 crore from Rail Coach Factory (RCF), Kapurthala. The contract involves supplying eight sets of seat rakes for Trainset-18, reinforcing the company’s position in the railway sector.

Under the agreement, 95% of the payment will be received upon inspection and dispatch, while the remaining 5% will be settled post-receipt and acceptance of goods. The seats will be delivered to RCF’s Furnishing Depot, with the contract set for completion by July 24, 2026.

This significant order marks a milestone for Oriental Rail Infrastructure as it expands into the Vande Bharat segment. With this contract, the company strengthens its role in Indian Railways modernization efforts, further enhancing its prospects in the railway manufacturing industry.

Recent news on Oriental Rail Infrastructure:

As of March 06, 2025, Oriental Rail Infrastructure Ltd secured an order worth ₹1.61 crore from North Western Railways, Ajmer, for supplying 66 sets of PU foam cushions for berth and seat retrofitment, reinforcing its presence in railway modernization projects.

Ace investor holding in Oriental Rail Infrastructure:

Mukul Mahavir Agrawal

Mukul Mahavir Agrawal holds a 5.27% stake in Oriental Rail Infrastructure Ltd, owning 3,400,000 shares valued at ₹57.9 crore. His investment reflects confidence in the company’s growth potential within the railway infrastructure sector.

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

Oriental Rail Infrastructure Ltd has delivered a 13.4% return over the past week. However, the stock has seen a decline of 44.3% in six months and 37.6% over the past year, reflecting market volatility and sector challenges.

Also Read: Stocks in which Govt of Singapore sold stake in Q3 to look out for

Shareholding pattern of Oriental Rail Infrastructure:

ParticularsDec 2024Sep 2024Jun 2024
Promoter56.10%54.80%54.80%
FII0.40%0.30%0.30%
DII0%0%0.00%
Public43.50%44.90%44.90%
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About Oriental Rail Infrastructure:

Oriental Rail Infrastructure Ltd (BSE: 531859) specializes in manufacturing and trading Recron, Seat & Berth, Compreg Boards, and timber wood products. The company plays a key role in supplying essential railway components, supporting India’s expanding 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.

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