Transrail Lighting Secures New International Orders Worth ₹459 Crore in T&D Sector
Transrail Lighting Limited, a leading player in the Transmission & Distribution (T&D) sector, has secured significant new international orders valued at approximately ₹459 crore. These contracts are concentrated in the global T&D business and bolster the company's operational standing as a prominent EPC (Engineering, Procurement, and Construction) firm.The order wins include EPC projects focused on the construction of Transmission Lines within the MENA region. This development strengthens Transrail’s international order book, reinforcing its capabilities in successfully executing large-scale transmission infrastructure projects across global markets.
The company reported that these acquisitions contribute to a robust state of affairs regarding its project pipeline. The current total order inflow for the year has reached Rs. 1,034 Cr, and Transrail also maintains an L1 position totaling around Rs. 400 cr. The organization continues to benefit from a healthy bidding pipeline across both domestic and international markets, providing support for its long-term growth outlook.
Randeep Narang, MD & CEO of Transrail Lighting, stated that the order wins reinforce the company's standing in the International T&D market. He added that these successes reflect the confidence customers place in the firm’s engineering and execution capabilities. With a strong unexecuted order book and a healthy bidding pipeline, he noted that the company remains well positioned to sustain its growth momentum while maintaining focus on profitable growth and delivering projects with operational excellence.
TRANSRAILL Stock Price Movement
Shares of Transrail Lighting Limited slipped by 1.29% on Thursday, settling at ₹511.95 as trading closed for the session. The stock saw significant activity during the day, with 357,624 shares exchanging hands in the market.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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