Shares of Transrail Lighting Ltd skyrocketed by 9% on Tuesday, 15 April, after receiving Rs 1,085 crore in new home contracts.
The engineering, procurement, and development (EPC) firm said in an alternate submitting on Monday that its transmission and distribution (T&D) sector, which focuses on trains, poles, lighting, and civil infrastructure, has gained recent orders within the home market valued at Rs 1,085 crore.
“We’re happy to start the monetary 12 months with this new order in our core T&D phase,” Randeep Narang, managing director and chief govt officer, stated within the assertion. “This addition reinforces our place out there and aligns with our strategic deal with continued development. We stay dedicated to sustaining operational excellence and guaranteeing well timed undertaking supply.”
Transrail Lighting is a famend Indian EPC firm that focuses on energy transmission and distribution, in addition to built-in manufacturing amenities for lattice frames, conductors, and monopoles.
Transrail introduced earlier this month that it has secured a recent order within the overseas marketplace for the development of a transmission line, valued at Rs 240 crore. Based on the press assertion, the corporate recorded the biggest order inflows ever in FY25, totalling over Rs 9,400 crore, greater than twice as a lot as in FY24.
On 19 March, the EPC participant within the T&D class obtained an order value Rs 1,647 crore for Transmission & Distribution (T&D) and Railway companies. Transrail acquired orders for Rs 2,752 crore on 27 February.
At 1:45 pm, the shares of Transrail Lighting had been buying and selling 7.84% greater at Rs 488.80 on NSE.
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