Oriental Veneer Products zooms on bagging order from Indian Railways

02 May 2018

Oriental Veneer Products is currently trading at Rs. 682.00, up by 68.55 points or 11.17% from its previous closing of Rs. 613.45 on the BSE.

The scrip opened at Rs. 634.95 and has touched a high and low of Rs. 684.50 and Rs. 620.40 respectively. So far 2546 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 684.50 on 02-May-2018 and a 52 week low of Rs. 210.05 on 02-May-2017.

Last one week high and low of the scrip stood at Rs. 684.50 and Rs. 505.05 respectively. The current market cap of the company is Rs. 339.59 crore.

The promoters holding in the company stood at 56.60%, while the Non-Institutions held 43.40% stake in the company.

Oriental Veneer Products has received purchase orders for the product Seat & Berth for Railway Coaches from Integral Coach Factory, Chennai of Indian Railways. Further, cumulative estimated value of orders is Rs 78.18 crore.

Oriental Veneer Products is engaged in the manufacturing of wood-based resin impregnated densified laminated boards.

Related Oriental Rail Infrastructure Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323