Monday, August 25, 2025

Transrail Lighting bags new orders worth ₹837 crore, total order inflows for FY26 over ₹3,157 crore

Date:

Transrail Lighting Ltd. on Thursday, August 21, said it has won two new orders, cumulatively worth ₹837 crore, pushing its order inflows for this fiscal beyond ₹3,157 crore.The company, in an exchange filing, said it has bagged a domestic transmission line engineering, procurement and construction (EPC) order and an international product supply order.

With this, the company’s total order inflows for the financial year 2026 have increased 57% from the previous year.


One of the orders is a domestic transmission and distribution (T&D) order from a renowned business conglomerate and the other is from a large international customer for supply of the company’s engineered products, Randeep Narang, MD and CEO of Tranrail Lighting, said.In June, the company secured domestic and international orders worth ₹534 crore. The new orders included its biggest substation job in Africa, Narang had said.

Prior to this, in February, the company received orders worth ₹2,752 crore, primarily in the transmission & distribution (T&D) segment.In January, Narang had told CNBC-TV18 that Transrail Lighting was planning a new manufacturing unit to meet the rising demand.

The stock made its debut on the exchanges on December 27, 2024, at ₹590, with a premium of 36% compared to its IPO price of ₹432 apiece.

Transrail Lighting shares were trading 0.3% up at ₹792.25 apiece around 1.55 pm on Thursday. The stock has gained 51.5% in the last six months and 40.2% this year, so far.

Also Read: Hexaware Tech shares gain nearly 4% after Midcap IT stock remains a ‘consensus buy’

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Govt Launching Rs 25,000 Crore Worth Of Schemes To Boost Exports | Economy News

नई दिल्ली: वाणिज्य और उद्योग मंत्रालय ने डब्ल्यूटीओ-अनुपालन समर्थन...

Walmart denies link to alleged H-1B visa misuse

Walmart has dismissed speculation linking the retailer to alleged...

JM Financial analyst sees attractive buying opportunity in these IT stocks

Signs of bottom formation are emerging in the IT...

Amanta Healthcare IPO: Price band set at ₹120-126 per share; check issue details, key dates, more

अमांता हेल्थकेयर आईपीओ मूल्य बैंड की सीमा में तय...