Announced Mon, 27 Oct · 15:28 IST

Oriental Foundry Private Limited, a Wholly-Owned Subsidiary, has secured an order from South Eastern Railways for Coupler Yokes

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Oriental Rail Infrastructure's wholly-owned subsidiary, Oriental Foundry Private Limited, has secured an order worth Rs. 1,08,83,004.30 (approximately Rs. 1.09 crore) from South Eastern Railway, Indian Railways. The order is for the manufacture and supply of 483 Upgraded High Tensile Centre Buffer Couplers (Coupler Yokes) used in freight stock wagons. The order is domestic, with 100% payment against receipt note, and must be executed by October 30, 2026. The order was awarded through E-Tender No. 38253340A and has no related-party interest.

Likely market impact

This is a relatively modest order in value (about Rs. 1.09 crore) and is unlikely to materially move the stock. However, it reinforces the company's ongoing relationship with Indian Railways, a key institutional customer, through its manufacturing subsidiary.