Shares of Oriental Rail Infrastructure Ltd have surged nearly 30% in a week, continuing their strong rally after securing key orders from Indian Railways. The stock jumped 4.97% on Tuesday, closing at Rs 186.75, marking a consistent upward trend.
Stock Performance Over the Last Week
| Day | Open | Close | Change % |
|---|---|---|---|
| Tue, Mar 11 | ₹165.00 | ₹177.90 | +4.99% |
| Mon, Mar 10 | ₹170.30 | ₹169.45 | +4.47% |
| Fri, Mar 7 | ₹161.00 | ₹162.20 | +4.98% |
| Thu, Mar 6 | ₹153.00 | ₹154.50 | +4.99% |
| Wed, Mar 5 | ₹144.90 | ₹147.15 | +4.99% |
The recent rally follows two major orders secured by the company from Indian Railways:
1. Rs 2.78 Crore Order from Indian Railways
The company recently secured an order worth Rs 2.78 crore from Integral Coach Factory (ICF), Chennai, for supplying and installing coach seats and berths for LSCN/BW2 coaches. The project is expected to be completed by May 10, 2025.
2. Rs 42.89 Crore Order for Vande Bharat Express
Earlier this week, Oriental Rail Infrastructure bagged its first major contract to supply seats for the Vande Bharat Express, India’s first indigenous semi-high-speed train.
- Order Value: Rs 42.89 crore
- Awarded by: Rail Coach Factory (RCF), Kapurthala
- Scope: Supply of eight sets of one rake seat (without seat-fixing profiles) for Trainset-18 (Vande Bharat Express).
- Delivery Timeline: By July 24, 2026
The company has continued its bullish momentum, benefiting from increasing orders and its growing presence in the Indian railway infrastructure space.
Disclaimer
The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
