MARKETS

Transrail Lighting Bags Rs 421 Crore Orders; Shares Down 2%

The order marks the company's entry into a new MENA country.
The order marks the company's entry into a new MENA country.

Shares of Transrail Lighting Ltd fell 2% after touching a day’s high of Rs 823 on 16th September, despite the company announcing on 15th September that it has secured fresh orders worth Rs 421 crore, including a major transmission line contract in a new African market.

Transrail Lighting’s new orders have pushed its FY26 order book past Rs 3,500 crore as of August 2025, a 78% year-over-year rise.

MD & CEO Randeep Narang said the company has entered a new African market with a major transmission line contract. He added that recent wins in international transmission & distribution, as well as poles and lighting, demonstrate Transrail’s diverse strengths and expanding global reach.

Narang recently projected FY26 order inflows of Rs 9,500–10,000 crore, matching last year’s level. The company is also investing over Rs 500 crore to upgrade existing facilities and build a new greenfield tower project by March 2026. He remains confident of 22–25% revenue growth this year, backed by faster project execution.

At 3:11 PM, the shares of Transrail Lighting were trading 1.89% lower at Rs 784.30 on NSE.

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