Announced Thu, 27 Nov · 18:12 IST

Receipt of order

Govt Defence OrderBusiness Updates View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Oriental Rail Infrastructure Ltd's wholly-owned subsidiary Oriental Foundry Private Limited has won an order worth Rs. 2.55 crore from North Western Railway (Indian Railways) for manufacture and supply of Coupler Body with Shank Wear Plate for wagons. The order covers 726 units (with the filing also mentioning 762 units in one section) and must be executed by November 30, 2026. Payment terms are 95% against receipt challan and 5% against Receipt Note, or 100% against Receipt Note. The order is awarded by a domestic government entity, has no promoter-group interest, and is not a related-party transaction.

Likely market impact

Modest positive for the company — adds a small domestic railway order to the order book, but at Rs. 2.55 crore it is unlikely to materially move the stock or change the company's growth outlook on its own.