Oriental Foundry Secures Rs 2.9 Crore Order

Oriental Foundry, a company that makes parts for trains, got a big order from Southern Railway.

They need to make and deliver 826 special parts called coupler bodies with shank wear plates.

The order is worth Rs 2.9 crore, and they have to finish it by September 30, 2026.

Most of the money (95%) will be paid after the parts are checked, and the rest (5%) will be paid after the parts are received and accepted.

The company's share price went up a little bit after they announced this order.

It's a big deal for them because it's a lot of money and a lot of work, but they have plenty of time to finish it.