Rs 14,755 Crore Order Book: Power Transmission & Distribution Company Wins New Orders of Rs 2,752 Crore
The company has a market cap of Rs 6,865 crore and stock is up by 12 per cent from its 52-week low of Rs 465.20 per share.
On Friday, shares of Transrail Lighting Ltd gained 7.33 per cent to Rs 519.70 per share from its previous closing of Rs 484.20 per share. The stock’s 52-week high is Rs 719.15 per share and its 52-week low is Rs 465.20 per share. The shares of the company saw a spurt in volume by more than 2 times on BSE.
Transrail Lighting Limited, a prominent EPC player in the Transmission & Distribution sector with a global presence spanning 58 countries, has announced the acquisition of new orders totalling Rs 2,752 crore. These orders, primarily within their core T&D business, significantly bolster the company's market position and underscore its continued growth and strength in the industry.
About the Company
Transrail Lighting Ltd is a leading Indian Engineering, Procurement, and Construction (EPC) firm specializing in power transmission and distribution. With four decades of experience, the company has completed over 200 projects, establishing a global presence in 58 countries. As of June 30, 2024, Transrail has undertaken EPC projects covering 34,654 circuit kilometres (CKM) of transmission lines and 30,000 CKM of distribution lines, both domestically and internationally. In addition to its core focus, the company has diversified into civil construction, poles and lighting solutions and railways.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.
According to Quarterly Results, net sales increased by 63 per cent to Rs 1,340.36 crore and net profit increased by 92 per cent to Rs 93.24 crore in Q3FY25 compared to Q3FY24. In its nine-month results, net sales increased by 25 per cent to Rs 3,305.60 crore and net profit increased by 50 per cent to Rs 200.08 crore in 9MFY25 compared to 9MFY24. In FY24, the company reported net sales of Rs 4,009.23 crore and net profit of Rs 233.20 crore.
The order intake for the nine months ended December 31, 2024 stands at Rs 4,715 crore while the total order book stood at Rs 11,499 crore. Including the above order, the company’s order book stands at Rs 14,755 crore. The company has a market cap of Rs 6,865 crore and stock is up by 12 per cent from its 52-week low of Rs 465.20 per share. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
Related articles
-
Railway Kavach Company Bags New Order Worth Rs 325,33,00,000 From South Eastern Railway
-
LIC's portfolio penny stock under Rs 40: Company allotment of 3,72,517 equity shares to its employees
-
Heavy electrical equipment company bags additional order worth Rs 2,735 million from Greenko KA01 IREP Pvt Ltd
-
Rs 97,000 crore order book: Railway infrastructure company receives new order of Rs 135,66,41,737.92 from Central Railway
-
Penny stock under Rs 60: Company partners with Rockingdeals Circular Economy Limited to strengthen Retail Footprint across India