CALCULATE YOUR SIP RETURNS

Oriental Rail Infrastructure Secures ₹1.61 Crore Order from North Western Railways

Written by: Nikitha DeviUpdated on: Mar 6, 2025, 3:05 PM IST
Oriental Rail Infrastructure secured a ₹1.61 crore order from North Western Railways for PU Foam supply, with execution by Sept 2026 and a structured payment plan.
Oriental Rail Infrastructure Secures ₹1.61 Crore Order from North Western Railways
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Oriental Rail Infrastructure Limited has secured an order worth ₹1,61,21,160.00 (Rupees One Crore Sixty-One Lakh Twenty-One Thousand One Hundred Sixty only) from North Western Railways, Ajmer, a division of Indian Railways.

Order Details

The contract involves the supply of 66 sets of PU Foam as cushion material for the retrofitment of berths and seats.

As per the terms of the contract, the delivery of materials is to be made to North Western Railways, Ajmer. The payment structure includes 95% of the amount being released upon submission of an Inspection Certificate issued by the nominated inspection agency, along with proof of dispatch or delivery. The remaining 5% will be paid after the receipt, inspection, and acceptance of the supplied goods.

The execution timeline for this order extends until September 6, 2026. This contract highlights Oriental Rail Infrastructure Limited’s strong presence in the railway sector and its commitment to providing high-quality materials for railway infrastructure upgrades.

Recent Developments

On March 3, the company informed the exchanges that it had secured an order worth ₹1,63,54,800 from Integral Coach Factory (ICF), Chennai, a key manufacturing unit of Indian Railways. The contract involves the supply and installation of five sets of one coach set of Chair Car Seats for Train Set MC, TC, and MC2 Coaches. The delivery is to be made to the Furnishing Depot at ICF, Chennai, ensuring compliance with quality and safety standards.

As per the contract terms, 100% of the payment will be received upon receipt, inspection, and acceptance of goods by the consignee. The execution timeline for the order extends until May 4, 2025.

Conclusion

The company’s continued association with Indian Railways reinforces its expertise in supplying critical railway components, further strengthening its position in the industry.

On March 6, 2025, Oriental Rail Infrastructure share price opened at ₹153.00, up from its previous close of ₹147.15. At 9:37 AM, the share price of Oriental Rail Infrastructure was trading at ₹154.50, up by 4.99% on the BSE.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 6, 2025, 9:39 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers