Oriental Rail Infrastructure Ltd receives order worth Rs. 1.79 crore

Oriental Rail Infrastructure Limited has secured order worth Rs. 1,79,01,780/- (Rupees One Crore Seventy-Nine Lakh One Thousand Seven Hundred Eighty only) from Integral Coach Factory (ICF), Chennai, Indian Railways.

The order is for Supply and Installation of 13 sets of 'Seats and Berths' with hardware for LWS PP coach.

The delivery is to be made to Furnishing Depot/ICF, Chennai. Further, 90 % of payment to be received against Inspection Certificate issued by the nominated inspection agency as specified in the contract and proof of dispatch/delivery of the material and Balance 10 % after receipt, inspection and acceptance of the goods.

Shares of Oriental Rail Infrastructure Ltd was last trading in BSE at Rs. 280.45 as compared to the previous close of Rs. 287.25. The total number of shares traded during the day was 69464 in over 1324 trades.

The stock hit an intraday high of Rs. 291.90 and intraday low of 275.25. The net turnover during the day was Rs. 19548811.00.

Source : Equity Bulls

Keywords

OrientalRailInfrastructure INE457G01029 OrderWin ICF IndianRailways Chennai