Oriental Rail Infrastructure jumps 7.76% after securing Rs 1.76 crore order from Integral Coach Factory

Oriental Rail Infrastructure Ltd. is up 7.76% to Rs 129.21, extending a recent rally that has seen the stock increase by 19.94% over the last one week. Oriental Rail Infrastructure Limited announced it has received an order worth Rs 1,75,86,720.00 from Integral Coach Factory (ICF), Chennai, Indian Railways, for the manufacturing, supply, and installation of 27 sets of seats for MEMU/DMC5/3PH, MEMU/DMC6/3PH AND MEMU/NDMC2/3PH COACHES. The order, awarded by a domestic entity, is to be executed by November 24, 2026, with payment terms stipulating 80% upon proof of inspection and provisional receipt, and the remaining 20% along with installation charges after acceptance and installation certification. The company confirmed that neither promoters, promoter groups, or group companies have any interest in ICF, and the transaction does not constitute a related party transaction. Trading volume reached 17.03 lakh shares today, marking an 8669.32% increase compared to the average volume over the past week. Oriental Rail Infrastructure Ltd remained flat year-over-year, outperforming the NIFTY50 index's 3.0% loss.