Transrail Lighting share price rises over 2% after bagging new orders worth Rs 575 crore

Transrail Lighting shares gained more than 2% in early trade on Tuesday, June 2, after the company announced fresh order wins worth ₹575 crore across its key business segments.

The company secured the new contracts primarily in its Power Transmission & Distribution (T&D) business, while also receiving orders in its Civil and Pole businesses. The development is expected to further strengthen its order book and support future growth visibility.

At around 10:30 AM, Transrail Lighting shares were trading near the day's high after touching an intraday high of ₹496.70 against the previous close of ₹485.05 on the NSE. The stock opened at ₹490.35 and hit a low of ₹489.00 during the session. Trading activity remained strong, with over 4.57 lakh shares changing hands.

Key Highlights of the New Orders

According to the company's filing, the newly secured orders include:

• Construction of a 500 kV High Voltage Direct Current (HVDC) transmission line for a marquee customer.
• Product supply orders from international markets.
• A specialised civil construction project.
• Pole supply contracts.

The company said these orders reinforce its diversified business model and execution capabilities across multiple infrastructure segments.

Transrail Lighting share price Performance

Despite the recent gain, the stock remains below its 52-week high of ₹855.80. Transrail Lighting has a 52-week low of ₹450.05. Investors will continue to monitor the company's order inflow, project execution, and margin performance in the coming quarters as key drivers of stock performance.