As per the terms of the order, up to 80% of the supply value will be paid upon submission of the inspection certificate and Provisional Physical Receipt Certificate. The balance of 20% of the supply value, along with 100% of the installation charges, will be released after receipt and acceptance of the stores by the consignee, based on the installation certificate issued by the competent authority.
The company clarified that the contract is not a related-party transaction and that neither its promoters nor members of the promoter group have any interest in the award of the order.
Oriental Rail Infrastructure is engaged in the manufacturing and supply of several diversified railway products and items for Indian Railways and other related industries. Its products include seat & berths, recorn, compreg board & articles thereof, furniture & parts, coated upholstery fabric, plywood, phenolic resin & hardener, silicon foam, etc.
On the financial front, the company's consolidated net profit surged 121.2% year-on-year to Rs 11.88 crore in Q4 FY26 from Rs 5.37 crore in the corresponding quarter of the previous year. Revenue from operations increased 9.5% to Rs 153.48 crore from Rs 140.21 crore during the same period.
The counter shed 0.09% to Rs 116.65 on the BSE.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: