Transrail Lighting share price rises 6% to 4 months high after obtaining £ 534 in new orders | Einsmark news

Transrail Lighting share price in Focus: Transrail Lighting, a recent debutant in Dalal Street, saw a sharp renovation in its shares on Tuesday, June 3, with 6% to score a four-mnth high of £ 674 per piece, to a significant order in the transmission and distribution (T&D). The company informed investors on Monday through a regulatory filing that they received fresh orders worth £ 534 over both domestic and international markets. Randeep Narang, managing director and CEO, said: “We are pleased to start the new financial year with a steady build-up in order, led by victories in our core transmission and distribution segment. This new orders also include our greatest substation work that we will perform in Africa. Delivery. ” During the March quarter, £ 4.965 crore, which took the total order intake for FY25 to £ 9,680 crore. at £ 14,551 crore, the impeccable order of the order at £ 14. The company reflects a year-to-year growth of 44%. EPC players in the T&D segment, with operations that also extend over civil, railways and poles and lighting, and a footprint in 58 countries. Bumper -listing on the exchanges in December 2024, the share could not maintain its momentum in the following months, and it closed in the red for five consecutive months, including December. About 36% on the IPO investors.