Oriental Rail Infrastructure's Subsidiary Secures Rs 1.74 Crore Railway Order
Oriental Rail Infrastructure's wholly-owned subsidiary, Oriental Foundry Private Limited, has won an order worth Rs 1,73,55,522.60 from Western Railway. The contract involves manufacturing and supplying 1,934 knuckles for Upgraded High Tensile Centre Buffer Couplers, to be used in freight stock wagons. Payment terms include 95% against E-way receipted challan and 5% upon acceptance of stores. This order demonstrates the company's capabilities in producing specialized railway equipment and strengthens its position in the railway infrastructure sector.

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Oriental Rail Infrastructure 's wholly-owned subsidiary, Oriental Foundry Private Limited, has secured a significant order from Western Railway, marking a positive development for the company in the railway infrastructure sector.
Order Details
| Aspect | Details |
|---|---|
| Order Value | Rs 1,73,55,522.60 |
| Client | Western Railway |
| Product | 1,934 knuckles for Upgraded High Tensile Centre Buffer Couplers |
| Application | Freight stock wagons |
| Payment Terms | 95% against E-way receipted challan, 5% upon acceptance of stores |
The contract, secured from Western Railway, involves the manufacturing and supply of crucial components for freight wagons. This order underscores Oriental Foundry's capabilities in producing specialized railway equipment and its growing presence in the sector.
Strategic Implications
The successful bid for this contract may indicate Oriental Rail Infrastructure's strategic focus on expanding its footprint in the railway infrastructure domain. By securing orders from major clients like Western Railway, the company demonstrates its competitiveness in the market and its ability to meet the stringent requirements of the Indian Railways.
Market Position
This order reflects positively on the company's manufacturing capabilities and its alignment with the ongoing modernization efforts in the Indian railway sector. It could potentially lead to more significant opportunities in the future.
Long-term Outlook
The successful execution of this order could strengthen Oriental Rail Infrastructure's market position and potentially open doors for larger contracts in the future, contributing to the company's long-term growth strategy in the railway infrastructure segment.
This domestic order, to be executed locally, showcases Oriental Foundry's commitment to supporting India's railway infrastructure development and may pave the way for further collaborations with Western Railway and other railway entities.
Historical Stock Returns for Oriental Rail Infrastructure
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.17% | -2.14% | +14.24% | -14.96% | -30.68% | +308.68% |
















































