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Transrail Lighting shares gained 3% in early trade on Monday after the company announced fresh international orders worth around ₹459 crore in the Transmission & Distribution (T&D) segment, strengthening its order book and growth outlook.
The newly secured contracts are for Engineering, Procurement and Construction (EPC) projects involving transmission lines across the Middle East and North Africa (MENA) region. The company said these orders reinforce its expanding presence in international power transmission infrastructure.
Following the latest order wins, Transrail Lighting's FY27 order inflows have reached ₹1,034 crore. The company also disclosed that it currently holds the lowest bidder (L1) position for projects worth around ₹400 crore, providing additional visibility for future order conversion.
Commenting on the development, Randeep Narang, Managing Director & CEO, said the new contracts reflect customers' confidence in the company's engineering expertise and project execution capabilities. He added that a robust unexecuted order book and a healthy bidding pipeline position the company for sustained profitable growth.
As of 10:16 AM, Transrail Lighting shares were trading in positive territory after touching an intraday high of ₹531.80. The stock opened at ₹522.00 against the previous close of ₹511.95, while the day's low stood at ₹518.60. The counter recorded a live trading volume of 11.84 lakh shares. Over the past 52 weeks, the stock has traded between ₹450.05 and ₹855.80.
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