India's Transrail Lighting jumps on winning orders worth $43 million
BUZZ-India's Transrail Lighting jumps on winning orders worth $43 million ** Engineering, procurement and construction firm in the transmission and distribution sector, Transrail Lighting TRNR.NS shares rise as much as 5.17% to 485.5 rupees apiece
** Rise after TRNR secures new orders worth 4.08 billion rupees ($42.93 million)
** Orders pertain to a gas-insulated substation EPC project in the Middle East and North Africa (MENA) region, apart from a few other domestic contracts, TRNR says
** New orders take year-to-date order intake to 24.29 billion rupees
** TRNR shares are down 13.6% in 2026 so far, according to exchange data
($1 = 95.0450 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
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