Transrail Lighting shares rose 5 percent on Tuesday after the company won new order worth Rs 240 crore for the construction of transmission line in International market.
Shares of Transrail Lighting surged 6.88 percent to hit an intraday high of Rs 494.4 per share on the NSE. Later, it trimmed some of the gains to settle 5.28 percent higher at Rs 86.95 apiece.
Randeep Narang, MD & CEO said "We are pleased to add this latest Transmission Line EPC order to our growing order book, further substantiating our prominence in the T&D sector. This order has incidentally come on the last day of the FY 2025, a year where we witnessed our highest order inflows of around Rs 9,400 crore, which is more than double of the previous year."
The company is 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.
Transrail Lighting stock zooms 11% on solid earnings show, capex plan
Transrail Lighting shares made their stock market debut in December, listing at Rs 590 on the NSE, marking a premium of 37 percent over the issue price of Rs 432 per share.
Engineering and construction company Transrail Lighting raised Rs 839 crore through its IPO, which closed on December 23. The public issue included a fresh issue of Rs 400 crore and an offer-for-sale of Rs 438.9 crore by promoter Ajanma Holdings.
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