Shares of Transrail Lighting Ltd soared 3% on 20 November after the company announced entering a new market in the Middle East and North Africa (MENA) region.
The company received fresh orders worth Rs 548 crore from MENA, including a large International Transmission Line EPC project. It is unclear when the order will be executed.
According to Randeep Narang, Managing Director and CEO of Transrail, the order marks the company’s entry into a new MENA country.
With this, Transrail’s cumulative order inflows for FY26 have climbed to Rs 4,285 crore. The company stated that order flows for the balance of the fiscal year remain positive. The company is currently in the lead position for potential contracts worth Rs 2,575 crore.
Narang added, “This, along with additional orders in the railway and poles and lighting businesses, reflects the growing strength of our diversified capabilities. We remain focused on selective bidding, disciplined execution, and expanding our footprint across priority geographies.”
The corporation experienced great growth in the quarter ended 30 September 2025. Net profit increased by 65% year on year to Rs 90.98 crore, from Rs 55.11 crore in the same period last year. Q2 revenue increased by 43.6% year on year to Rs 1,534 crore.
At 3:30 pm, the shares of Transrail Lighting closed 2.66% higher at Rs 648.85 on NSE.
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