Transrail Lighting Secures New Orders Worth ₹459 Crore

Transrail Lighting Limited (BSE: 544317, NSE: TRANSRAILL), one of the leading EPC players in the Transmission & Distribution (T&D) sector, has secured new international orders worth approximately ₹459 crore primarily in the Transmission & Distribution (T&D) business in the international market.

The order wins mainly include EPC projects for construction of Transmission Lines in MENA region which further strengthens the Company's international order book. These wins reinforce Transrail's established capabilities in executing large transmission infrastructure projects across global markets. With this, the Transrail's order inflow for the year has reached Rs. 1,034 Cr apart from which there is L1 position of around Rs. 400 cr.

The Company continues to enjoy a healthy bidding pipeline across both domestic and international markets. A robust order book, coupled with a strong bidding pipeline, reinforces the Company's long-term growth outlook.

Mr. Randeep Narang, MD & CEO, stated, "The order wins further strengthen our position in the International T&D market and reflect the confidence our customers place in our engineering and execution capabilities. With a strong unexecuted order book and a healthy bidding pipeline, we remain well positioned to sustain our growth momentum while continuing to deliver projects with operational excellence and maintaining our focus on profitable growth."

Shares of Transrail Lighting Limited was last trading in BSE at Rs. 512.20 as compared to the previous close of Rs. 518.40. The total number of shares traded during the day was 28275 in over 837 trades.

The stock hit an intraday high of Rs. 522.70 and intraday low of 509.70. The net turnover during the day was Rs. 14514666.00.

Source : Equity Bulls

Keywords

TransrailLighting INE454P01035 HeavyElectricalEquipment Transmission Distribution OrdersWin