Railway stock, Oriental Rail Infra bags order worth Rs 42 Cr from Vande Bharat
The seats will be delivered to RCF’s Furnishing Depot, with the contract set for completion by July 24, 2026.
Railway stock, Oriental Rail Infra bags order worth Rs 42 Cr from Vande Bharat
Rail Infra stock, Oriental Rail Infrastructure Limited, has entered the Vande Bharat segment, securing its first order worth Rs 42.89 crore from Rail Coach Factory (RCF), Kapurthala.
Eight sets of seat rakes for Trainset-18 will be supplied under the contract, strengthening the company's standing in the railway industry. Under the agreement, 95% of the payment will be received upon inspection and dispatch, while the remaining 5% will be settled post-receipt and acceptance of goods.
The seats will be delivered to RCF’s Furnishing Depot, with the contract set for completion by July 24, 2026.
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This significant order marks a milestone for Oriental Rail Infrastructure as it expands into the Vande Bharat segment. With this contract, the company strengthens its role in Indian Railways' modernization efforts, further enhancing its prospects in the railway manufacturing industry.
Earlier, Oriental Rail Infrastructure Ltd secured an order worth Rs 1.61 crore from North Western Railways, Ajmer, for supplying 66 sets of PU foam cushions for berth and seat retrofitment, reinforcing its presence in railway modernization projects.
On March 10, 2025, Oriental Rail Infrastructure Ltd opened at Rs 170.30, up 4.99% from its previous close of Rs 162.20. The stock reached a high of Rs 170.30 and a low of Rs 165.00.
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