Oriental Rail hits record high on order from Indian railways

Oriental Rail Infrastructure

12/07/2024 09:46

** Shares of Oriental Rail Infrastructure  ORIF.BO  rise as
much as 5% to a record high of 397.5 rupees
    ** Co says its unit got order worth 4.32 bln rupees ($51.7
mln) from Indian railways to manufacture and supply 1,200 BVCM-C
Wagons
    ** Stock eyes seventh consecutive session of gains
    ** ORIF up ~28% so far this week, eyes best weekly gain
since Jan. 5



($1 = 83.5175 Indian rupees)

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