Railway stock engaged in manufacturing, and supplying wide range of railway infra-related products and services in focus upon receiving a new work order worth Rs. 5.18 Crores from Indian Railways.
Price Action
With a market capitalization of Rs. 2,027 Crores, the shares of Oriental Rail Infrastructure Limited were trading at Rs. 326.65 per equity share, down 5 percent from its previous day’s close price of Rs. 343.45.
What Happened
Oriental Rail Infrastructure Limited is engaged in manufacturing, and supplying wide range of railway infra-related products and services have received a new work order from ‘Modern Coach Factory (MCF), Raebareli, Indian Railways for a consideration of Rs. 5.18 Crores.
The work order involves Manufacturing and Supplying 25 Nos. of LHB Non-AC Second Class Deendayalu (LWSDD) Coaches on a Turnkey Basis and it is to be executed by August 20, 2025.
About the Company
Oriental Rail Infrastructure Limited is engaged in manufacturing, buying, and selling all types of Recron, Seat & Berth, and Compreg Boards, as well as trading timber woods and all its products. The Company’s products are used in various applications, including railways, automotive, consumer, and industrial engineering industries.
Ace Investor Investment
Ace Investor Mukul Mahavir Agrawal holds a 5.53 percent stake in the company consisting of 34 Lakh Equity shares. He made a fresh position in the company in March 2024, by acquiring a 5.53 percent stake consisting of 34 Lakh equity shares
Financials and Ratios
Its revenue from operations grew by 62 percent from Rs.115.34 Crores in Q2FY24 to Rs. 187.37 Crores in Q2FY25, accompanied by profits of Rs. 7.69 Crores to Rs. 10.46 Crores.
In terms of return ratios, it has reported a return on equity (ROE) of 10.96 percent and a return on capital employed (ROCE) of 11.2 percent. In terms of liquidity, it has reported a debt-to-equity ratio of 0.94.
Written by: Bharath K.S
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
