Stock Market: Shares of Oriental Railways became capitalized, outperforming shares of these railway companies

Amidst the commotion of the share market, an amazing incident took place today. Shares of Oriental Rail Infrastructure rose nearly 5% after closing at Rs 379 on the BSE today. Looking at last year's performance, the profit margin of Oriental Rail Infrastructure last year was higher than that of Rail Vikas Nigam and IRFC. The company has recently signed contracts worth millions of dollars, due to which this boom has been seen. Silver shines after order: If reports are to be believed, the company has bagged a contract worth Rs 19.33 crore to manufacture seats for LHB GS and SCN coaches, to be completed in 11 months. The company has recently expanded the capacity of its synthetic leather plant and in FY23, they will generate Rs. 104 crore in revenue, with over 80% of the revenue coming from seats and berths. As more trainees are created, the company is also expected to gain more profit. After that Oriental Rail Infrastructure will have 30% stake in this area. Also Read: Sensex falls in volatile trade, Nifty too has given good gains in last one year. Its stock prices have risen 563 percent, and investors holding the stock have made a 639 percent profit over the past 3 years. It is a private limited company in which promoters hold 54.81 percent stake and public holds 45.17 percent. Oriental Rail Infrastructure Limited, known as Oriental Furniture Products Limited before 2021, is an Indian company that manufactures and sells recliners, seats, berths, toilet doors and combrek boards. Also Read: Reliance Jio to bring Rs 9.35 lakh crore IPO