Bengaluru, Sept. 1 -- A railway stock was in focus as investors reacted to the announcement of a fresh contract win from Indian Railways. The new order lifted sentiment despite muted sequential performance in the June quarter, with sales and profits showing a mixed trend.
Oriental Rail Infrastructure Limited, with a market capitalization of Rs. 1,139.52 crore, opened at Rs. 169.90 against the previous close of Rs. 165.15. The stock touched an intraday high of Rs. 176, marking a gain of 6.57 percent from the prior close.
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Oriental Rail Infrastructure Limited has secured orders worth Rs. 3.3 crore from Integral Coach Factory (ICF), Chennai, Indian Railways. The contract involves the supply and installation of 38 sets of o...
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