Shares of Transrail Lighting Ltd shot up 7%, hitting an intraday high of Rs 494.40 on 1 April after securing an order worth Rs 240 crore for constructing a transmission line in the International market.
Randeep Narang, MD & CEO of Transrail Lighting Ltd, said, “We remain committed to executing key projects and expanding our footprint across relevant markets. Backed by a robust order book and a strong execution track record, we are well-energised for this year.”
Narang added that this latest Transmission Line EPC order reinforced the company’s presence in the transmission and distribution sector.
In the previous month, the company received fresh orders totalling Rs 1,647 crore across the power transmission, distribution, and railway sectors. These included Letters of Award for significant international transmission and distribution projects, encompassing the engineering, procurement, and construction of transmission lines and substations.
The company offers end-to-end solutions, including design, engineering, supply, manufacturing, construction, and testing, across its various business segments, such as Power Transmission & Distribution, Civil Construction, Railways, Pole & Lighting, and Solar EPC.
At 2:54 pm, the shares of Transrail Lighting were trading 6.28% higher at Rs 491.60 on NSE.
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