Oriental Rail Infrastructure Secures ₹3.36 Crore Order from Indian Railways' Modern Coach Factory

Oriental Rail Infrastructure Limited (BSE: 531859) has secured a new domestic contract worth ₹3,36,30,000 (Rupees Three Crore Thirty-Six Lakh Thirty Thousand Only) from Modern Coach Factory (MCF), Raebareli, Indian Railways.

Contract Key Details

Awarding Entity: Modern Coach Factory (MCF), Raebareli, Indian Railways

Scope of Work: Works contract for the in-house manufacturing of 50 sets of seats and berths for LWS(DDG) coaches

Contract Value: ₹3,36,30,000 (inclusive of applicable terms)

Execution Timeline: Scheduled for completion by March 02, 2027

Entity Type: Domestic Entity

Payment & Terms: Delivery is to be made directly to MCF. Payment will be disbursed based on satisfactory execution, completion of work, and formal certification per contract terms, with final settlement upon completion.

Shares of Oriental Rail Infrastructure Ltd was last trading in BSE at Rs. 112.45 as compared to the previous close of Rs. 115.25. The total number of shares traded during the day was 121772 in over 983 trades.

The stock hit an intraday high of Rs. 116.90 and intraday low of 109.00. The net turnover during the day was Rs. 13576807.00.

Source : Equity Bulls

Keywords

OrientalRailInfrastructure INE457G01029 OrderWin