TRANSRAILLTransrail Lighting

Transrail Lighting secures ₹408 crore of orders; ₹2,429 crore in so far this year

Transrail Lighting announced ₹408 crore of new orders, led by a gas-insulated substation project in the Middle East and North Africa. Its order inflow so far this year is ₹2,429 crore.

Price, Wednesday's close₹481.70▲ 4.34%
Last 5 days
52-week low ₹400.6552-week high ₹766.80
Sector
Power transmission EPC

What happened

  • Transrail Lighting announced new orders worth ₹408 crore, led by an engineering, procurement and construction (EPC) contract for a gas-insulated substation in the Middle East and North Africa (MENA) region, plus domestic projects, according to Angel One and Sahi.
  • Its order inflow so far this year is ₹2,429 crore. Sahi said the last fortnight's orders total ₹1,394 crore: ₹574 crore announced on 30 September, ₹412 crore on 6 October and today's ₹408 crore.
  • The shares closed at ₹481.70 on Kite data, up 4.34% from ₹461.65. Angel One had them at ₹479.45, up 3.86%, at 1:45 PM.

Why it matters

Good to know: A gas-insulated substation packs its switching equipment into sealed, gas-filled enclosures, so it takes far less land than a conventional one.

Key facts

New orders
₹408 crore
Main project
Gas-insulated substation EPC, MENA region
Order inflow so far this year
₹2,429 crore
Last fortnight's orders
₹1,394 crore

Read the source

This is a summary of public news about Transrail Lighting, for information only. It is not a recommendation to buy, sell or hold TRANSRAILL.

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