Oriental Foundry Wins Rs 29 Million Railway Components Order

01 Dec 2025 CW Team

Oriental Rail Infrastructure’s subsidiary, Oriental Foundry, has secured an order worth Rs 29 million from Southern Railway for the supply and manufacture of 826 coupler bodies with shank wear plates.

According to the company’s exchange filing, the contract is valued at Rs 29.39 million (Rs 2,93,86,602). Under the payment terms, ninety-five per cent of the amount will be released against the inspection certificate, while the remaining five per cent will be paid after the consignee receives, inspects and accepts the goods.

The order, which falls under domestic procurement, is scheduled for execution by 30 September 2026. The company also confirmed that the promoter group has no interest in the order and that the contract does not involve any related-party transactions.

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Following the announcement, shares of Oriental Rail Infrastructure closed marginally higher at Rs 153.60. However, the stock has declined by nearly nine per cent over the past five trading sessions.

Real Estate

01 Dec 2025

Kolkata’s Premium Housing Market Records Strong H1 2025 Growth

Nklusive, a real estate consultancy specialising in premium, luxury and uber-luxury housing, has released its Kolkata Premium Real Estate Market Report – H1 2025, indicating strong growth in the city’s high-end residential segment priced between Rs 15 million and Rs 50 million. With 34 active projects in H1 2025 compared with 24 in H1 2024, the market reflects a surge in new launches supported by sustained demand.Marketable supply rose from 1,974 units in H1 2024 to 3,873 units in H1 2025. South Kolkata accounted for 54 per cent of the total supply, followed by East Kolkata at 25 per cent...

Mumbai Property Registrations Mark Best November Since 2013: Knight Frank India

Mumbai city (area under BMC jurisdiction) recorded 12,219 property registrations in November, marking a 20 per cent year-on-year (Y-O-Y) increase. Stamp duty collections touched Rs 1,038 crore, up 12 per cent Y-O-Y. On a month-on-month (MoM) basis property registrations increased by 5 per cent and stamp duty remained stable. The market continues to be driven by residential demand, with 80 per cent of all registrations in the month attributed to residential properties.Mumbai recorded over 135,807 property registrations in the first eleven months of 2025, contributing more than Rs 12,224 crore (..

Embassy To Launch Six Bengaluru Projects Worth Rs 103 Billion

Realty firm Embassy Developments Ltd announced on Monday that it will launch six new residential projects in Bengaluru, with an estimated revenue potential of Rs 103 billion. In a regulatory filing, the company said the projects—located in North Bengaluru—will collectively be valued at around Rs 103 billion. Two of these developments have already received RERA approval. “With RERA approval for two of our projects, we have entered an exciting phase of growth and are confident of achieving our pre-sales target of approximately Rs 50 billion for FY26,” said Aditya Virwani, Managing Dire..