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News Entry# 559911
Jul 11 (19:27) Oriental Rail Infrastructure Share Price Surges on New Indian Railways Order
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Entry# 6121884   
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Oriental Rail Infra locked in upper circuit on orders worth Rs 19.33 crore from Indian Railway

Oriental Rail Infrastructure's share price surged 278% in the past nine months and a whopping 560% in the last year. This dramatic increase was driven by a recent order received from Indian Railways. The order, worth Rs 19,33,83,382.04, is for the manufacturing and supply of seats and berths for different types...
more...
of LHB coaches. The company will receive 95% of the contract value upon inspection and delivery, with the remaining 5% paid after final acceptance. The share price hit a 52-week high of Rs 378.55 on July 11, closing at a 5% upper circuit.

Oriental Rail Infrastructure ka share price last nine months mein 278 percent badh gaya hai, aur last year mein toh yeh 560 percent badh gaya hai! Yeh sab Indian Railways se ek order aane ki wajah se hua hai. Order ki value Rs 19,33,83,382.04 hai aur yeh different types ke LHB...
more...
coaches ke liye seats aur berths banane aur supply karne ke liye hai. Company ko contract value ka 95 percent inspection aur delivery ke baad milega, aur remaining 5 percent final acceptance ke baad milega. Share price July 11 ko Rs 378.55 ke 52-week high par pahuncha, aur 5 percent upper circuit par close hua.
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