India, Sept. 11 -- A Secunderabad-based railway components supplier just picked up two orders on the same day: different railway zones, same product line, wildly different timelines. One contract wraps up in a few months; the other runs for two years. Put together, they nudge the company's order book up by a fair margin, and the spread across zones hints at something worth watching: how many parts of Indian Railways' procurement network this fairly small, recently listed company has actually managed to get into.

Shares of Ameenji Rubber Ltd are trading at Rs. 215.50, up 0.63 percent on Friday. The stock touched the intraday high of Rs. 218.90 after opening at Rs. 218.90 before slipping to a low of Rs. 215.50. The company commands a mark...