Oriental Rail Infra's arm secures new order worth Rs17.84 crore; Stock sheds 1%

27 Jun 2022 , 11:27 AM

Oriental Foundry Private Limited has informed that its Wholly-Owned Subsidiary of Oriental Rail Infrastructure Ltd secured an order worth Rs17.84 crore from ‘Braithwaite & Co. Limited (A Govt. India undertaking), Ministry of Railway’ for manufacturing and supplying ‘Bogie’.

As per the filing, with the bagging of this order, the Company’s total order book stands at Rs1,841.09 crore and is the highest ever order book value on consolidated basis in the history of the Company, the company said.

On Monday, at around 11:29 AM, Orinetal Rail Infra was trading at Rs118 per share lower by 1.05% as against previous closing of Rs119.25 per share on the BSE.