Oriental Rail gains on order from Indian Railways

Oriental Rail Infrastructure

19/02/2025 09:43

** Shares of Oriental Rail Infrastructure  ORIF.BO  trading
3.5% higher
    ** Stock rose as much as 8.6% to 198.8 rupees earlier in the
session
    ** Co, which manufactures heavy machinery, said on Wednesday
it received order worth 30.8 million rupees ($354,863) from
Indian Railways for manufacturing and supplying 37 sets of seats
    ** More than 186,000 shares change hands, 1.3x its 30-day
avg
    ** Stock up 5% so far this week



($1 = 86.7940 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))