This small-cap railway company, which focuses on manufacturing and supplying railway components, such as coach seats, for Indian Railways, hit a 5 percent upper circuit after securing an order worth Rs. 3 crore from Integral Coach Factory (ICF), Chennai, Indian Railways.
Stock Price Movement:
With a market capitalization of Rs. 1,205.64 crores, the shares of Oriental Rail Infrastructure Limited hit a 5 upper circuit of Rs. 186.75 per share on Wednesday, up from its previous closing price of Rs. 177.90 per share.
What Happened:
Oriental Rail Infrastructure Limited has secured an order worth Rs. 2.78 crore from Integral Coach Factory (ICF), Chennai, Indian Railways. The contract involves the supply and installation of 36 coach sets of seats and berths for LSCN/BW2 coaches, with completion expected by May 10, 2025.
Future Expansion Programs:
Oriental Rail Infrastructure Limited is expanding its operations to strengthen its presence in India’s rail industry. The company plans to double its wagon production capacity to 4,800 units annually and establish a bogie spring facility in Kutch. Additionally, it is developing smart wagons with real-time tracking features, aiming to capture a 25 percent share of the freight wagon market.
Clientele:
Oriental Rail Infrastructure Limited has developed strong ties with prominent clients such as Indian Railways, CONCOR, Northern Railway, ICF, MCF, Rail Wheel Factory, SRBWIPL, BHEL, Braithwaite & Co. Limited, and Jindal Rail Infrastructure. By working with these major organizations, the company has earned a reputation as a reliable partner in India’s railway industry.
Shareholding pattern:
Ace investor Mukul Mahavir Agrawal holds a 5.27 percent stake in Oriental Rail Infrastructure Limited, valued at Rs. 62.6 crores, consisting of 34,00,000 shares.
Recent quarter results:
Oriental Rail Infrastructure Limited reported a revenue increase of 4.26 percent, rising from Rs. 146.58 crore in Q3 FY24 to Rs. 152.82 crore in Q3 FY25. However, the company’s net profit declined by 39.89 percent, falling from Rs. 12.51 crore in Q3 FY24 to Rs. 7.52 crore in Q3 FY25.
Written By – Nikhil Naik
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