Oriental Rail Infrastructure Secures Major Orders Worth ₹30.8 Million from Indian Railways

Oriental Rail Infrastructure Limited has secured multiple orders totaling ₹308 million from various units of Indian Railways. The company's wholly-owned subsidiary, Oriental Foundry, received an order worth ₹575.21 crore for manufacturing and supplying 33 rakes of flat multipurpose wagons. Additionally, the company secured orders from Modern Coach Factory, Raebareli for manufacturing seats and berths for LHB coaches. These contracts, to be executed by 2025-2026, demonstrate Oriental Rail's growing prominence in India's railway infrastructure development. The orders are expected to boost the company's financial outlook and solidify its position as a key supplier in the railway sector.
Sources: Business Standard, Moneyworks4me, Angel One