Transrail Lighting Ltd wins new orders of ₹ 2,752 crore

Transrail Lighting Limited (BSE: 544317, NSE: TRANSRAILL) one of the leading EPC players in the Transmission & Distribution (T&D) segment, along with Civil, Railways, and Poles & Lighting, having a footprint across 58 countries. Transrail Lighting Limited has secured new orders worth ₹2,752 crore, primarily from T&D business.

Mr. Randeep Narang, MD & CEO said: "We are pleased to announce our order wins of ₹2,752 crore which reaffirms our position as a trusted partner in the T&D industry. Our order book continues to grow, driven by competitiveness including our backward integration. With these additions, our YTD order inflows have crossed ₹7,400 crore, this is a growth of ~90% vis-à-vis last year further strengthening our position in the industry. With a robust order book, manufacturing capacities, proven execution capabilities and promising tender pipeline we have good growth prospects in the coming quarters."

Shares of Transrail Lighting Limited was last trading in BSE at Rs. 484.20 as compared to the previous close of Rs. 504.20. The total number of shares traded during the day was 67728 in over 2517 trades.

The stock hit an intraday high of Rs. 511.80 and intraday low of 465.20. The net turnover during the day was Rs. 33454711.00.

Source : Equity Bulls

Keywords

TransrailLighting INE454P01035 HeavyElectricalEquipment OrderWin