Oriental Rail Infrastructure Ltd secures new orders

Oriental Rail Infrastructure Limited ('ORIL') has secured orders worth INR 154.65 Million for manufacturing and supplying 'Seat and Berths' to 'Indian Railways'. The orders have been secured from 'Modern Coach Factory, Raibareli' worth INR 98.54 Million and 'Rail Coach Factory (Hussainpur), Kapurthala' worth INR 56.11 Million.

The Subsidiary Company, Oriental Foundry Private Limited has secured order worth INR 144.07 Million from 'Northern Railways' for manufacturing and supplying 'Bogie'.

ORIL group order in hand crossed Rs. 3,400 Million with the above orders.

Shares of ORIENTAL VENEER PRODUCTS LTD. was last trading in BSE at Rs.52.5 as compared to the previous close of Rs. 52. The total number of shares traded during the day was 22870 in over 180 trades.

The stock hit an intraday high of Rs. 53.9 and intraday low of 51.5. The net turnover during the day was Rs. 1201658.

Source : Equity Bulls

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