Summary:
Oriental Foundry Pvt. Ltd., a wholly-owned subsidiary of Oriental Rail Infrastructure Limited (ORIL), has won a new railway order worth ₹3.16 crore from Northern Railways. The contract involves the manufacture and supply of 1,416 upgraded high-tensile centre buffer couplers, critical components for connecting freight wagons. This order reinforces ORIL’s position in the railway infrastructure sector and strengthens its long-term order book.
Details of the Railway Contract
The newly awarded ₹3.16 crore order is part of Northern Railways’ ongoing efforts to modernize freight operations. Under the contract, Oriental Foundry will produce and deliver high-tensile centre buffer couplers, which play a key role in ensuring secure wagon connections and smooth train operations.
Key Highlights of the Contract:
| Aspect | Details |
| Order Value | ₹3,15,79,632 |
| Components | 1,416 Upgraded High-Tensile Centre Buffer Couplers |
| Client | Northern Railways, Indian Railways |
| Execution Deadline | September 15, 2026 |
| Nature of Contract | Domestic |
| Tender Process | e-Tender (Tender No. 09262117) |
No Related Party Involvement
ORIL has clarified that this railway contract does not involve any related party transactions. Neither the promoter group nor affiliated entities hold any stake in Northern Railways. The contract specifies structured payment terms:
- 95% payment will be released against a Receipted Challan and Inspection Certificate.
- The remaining 5% will be paid upon submission of a Receipt Note.
Impact on Share Performance and Order Book
Although Oriental Foundry’s share price has declined 43.24% in the past year, it has still generated 283.45% returns over five years, reflecting strong long-term resilience. This new contract not only strengthens the company’s order pipeline but also reinforces ORIL’s reputation as a trusted partner in India’s railway modernization initiatives.
Future Prospects
With Indian Railways actively investing in safety, efficiency, and technology upgrades, suppliers like Oriental Rail Infrastructure are well-positioned to benefit from ongoing and future opportunities. The award of this contract demonstrates the company’s ability to secure key government projects and contribute to the nation’s expanding freight infrastructure.
As freight operations continue to modernize, ORIL and its subsidiaries are expected to play a significant role in delivering high-quality, technologically advanced components, ensuring sustained growth in the railway sector.
Disclaimer:
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