Transrail Lighting Limited wins new orders of ₹ 1,647 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 59 countries, has secured new orders worth ₹1,647 crore, in T&D & Railway businesses.

These new orders include Letters of Awards (LOAs) for major T&D projects in the overseas market involving EPC of Transmission Lines & Substations.

Mr. Randeep Narang, MD & CEO said: "Our recent order wins of ₹1,647 crore further solidify our position in the T&D sector and highlight our international competency. With year-to-date (YTD) order inflows close to ₹9,200 crore, we continue to build a project portfolio that supports profit led growth. This balanced mix of domestic and international project wins this year, reflects our strategic focus on expanding globally while strengthening our presence in India. As we move forward, we remain focused on execution and leveraging emerging opportunities to sustain our momentum."

Shares of Transrail Lighting Limited was last trading in BSE at Rs. 502.55 as compared to the previous close of Rs. 498.00. The total number of shares traded during the day was 72245 in over 1816 trades.

The stock hit an intraday high of Rs. 507.80 and intraday low of 498.05. The net turnover during the day was Rs. 36370830.00.

Source : Equity Bulls

Keywords

TransrailLighting INE454P01035 HeavyElectricalEquipment OrderWin Transmission Distribution