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TRANSRAILL Transrail Lighting News Story

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IndustrialsSpeculativeMid CapHigh Flyer

India's Transrail Lighting gains after quarterly profit doubles

** Transrail Lighting TRNR.NS shares rise 10.5% to 779.85 rupees

** Co's Q1 consol net profit doubled Y/Y to 1.06 bln rupees  ($12.1 mln), consol revenue jumps 82.5% Y/Y to 16.37 bln rupees, order intake grew 72% Y/Y to 17.48 bln rupees

** Trading volume at 5.1 mln shares so far, nearly 2x 30-day average

** YTD, TRNR up about 44%

($1 = 87.7430 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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