The shares of Transrail Lighting Limited, an engineering, procurement, and construction (EPC) company, rose nearly 5% on February 28, 2025. This increase followed the company's announcement of securing new orders worth ₹2,752 crores. The orders primarily came from the transmission & distribution (T&D) segment.
The company disclosed details of the order wins through an exchange filing after market hours on February 27, 2025.
New orders boost Transrail Lighting's order book
Transrail Lighting CEO & MD Randeep Narang stated that the fresh orders reinforce the company's position as a trusted partner in the T&D industry. He added that the company's competitive edge, including backward integration, has driven its consistent growth.
With these fresh order wins, Transrail Lighting's year-to-date order inflows have crossed ₹7,400 crores. This represents a growth of nearly 90% compared to the previous year. The company has indicated that its order book, manufacturing capacities, and execution capabilities position it well for future growth.
Stock performance and market capitalisation
Transrail Lighting's market capitalisation stands at approximately ₹6,793 crores. The stock is trading near its 52-week low of ₹465.20, significantly lower than its 52-week high of ₹719.15. Over the past month, the company's shares have declined by nearly 9%.
Despite this recent decline, the company remains optimistic about its future performance, supported by its strong order pipeline. Investors looking to buy shares online have been closely monitoring Transrail Lighting's movements following the latest order wins.
Company profile and project history
Transrail Lighting is an EPC firm providing turnkey solutions in transmission & distribution, civil infrastructure, railways, poles, and lighting. The company has a presence in 58 countries and has completed over 200 projects in the power transmission and distribution sector.
The company's expertise in executing large-scale projects has helped it secure significant orders. Investors and market participants tracking the stock may consider its order book growth and execution capabilities when they buy shares online.
Future outlook and growth prospects
Transrail Lighting has highlighted its focus on strengthening its manufacturing capacities and leveraging its expertise in the EPC sector. The company sees promising growth prospects in the coming quarters, backed by its expanding order book and tender pipeline.
Market analysts believe that the latest orders will contribute to Transrail Lighting's revenue visibility. However, stock movement will depend on execution timelines and broader market trends. Investors aiming to buy shares online may take these factors into consideration.
At 12:45 PM on February 28, 2025, the shares of Transrail Lighting Limited were trading 4.28% higher at ₹506.25 per share on the Bombay Stock Exchange (BSE).
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