India's Oriental Rail Infra climbs after unit wins order worth $58 mln

Oriental Rail Infrastructure

14/12/2023 09:00

** Shares of India's Oriental Rail Infrastructure  ORIF.BO 
up as much as 5% at 167.3 rupees
    ** Stock set to rise for third straight session 
    ** Co says unit won order worth 4.85 billion rupees ($58.22
million) from Indian Railways 
    ** Co on track to log second straight weekly gain; up about
4% for the week so far 
    ** More than 931,196 shares change hands by 2:12 p.m. IST,
4.2x 30-day avg 
    ** Stock last up 5%, taking YTD gains to 122% 

($1 = 83.3030 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))