Oriental Rail Infrastructure Limited arm to set up bogie spring plant in Kutch

Oriental Rail Infrastructure Limited's subsidiary M/s. Oriental Foundry Private Limited is in a process to set up a 'Bogie Spring' plant in Kutch, Gujarat to manufacture spring for a Bogie.

The company shall commence the manufacturing of 'Bogie Spring' from February, 2022.

Further, the company's yearly capacity for manufacturing 'Bogie Spring' shall be 2,80,800 nos.

Shares of Oriental Rail Infrastructure Ltd was last trading in BSE at Rs. 94.40 as compared to the previous close of Rs. 94.10. The total number of shares traded during the day was 24510 in over 136 trades.

The stock hit an intraday high of Rs. 98.40 and intraday low of 91.50. The net turnover during the day was Rs. 2330519.00.

Source : Equity Bulls

Keywords

OrientalRailInfrastructure OrientalFoundry INE457G01029 BogieSpring