Transrail Lighting shares rally 10% on bagging fresh orders worth ₹927 crore; order intake rises to ₹3,356 crore for the year

The scrip surged as the engineering, procurement and construction (EPC) company bagged fresh orders worth ₹927 crore mainly in its Domestic Power T&D business, according to a regulatory filing dated October 20.

The order wins mainly include EPC projects in the domestic market for 765-kilovolt (kV) and 400kV transmission lines. It also comprises conductor supply orders to the United States of America (USA).

With the new jobs, Transrail Lighting’s order intake for the year has increased to ₹3,356 crore, with more than ₹2,300 crore worth of orders declared in the last three weeks.

Commenting on the new order wins, Randeep Narang, MD & CEO, said: “The strong momentum in our order inflows underscores Transrail’s growing scale and competitiveness in the power T&D sector. Our ability to secure complex transmission EPC projects, backed by our in-house tower and conductor manufacturing capabilities, remains a key differentiator.”

Narang further stated that with a strong foothold in the domestic market and an expanding international business, the company is focused on building a well-diversified business across its products and services.

Recent update

On October 19, the firm’s board of directors approved the proposed acquisition of a 49% equity stake in NOPL Pace Green Energy Pvt Ltd (NOPL) for a cash consideration of ₹20 crore, subject to requisite approvals and completion of agreed conditions, it said in a press release.

NOPL is developing an aggregate solar power portfolio of approximately 990 MW (AC) in Maharashtra under Component C of the Government of India’s PM-KUSUM scheme, the filing stated, adding that the project is intended to support the solarisation of agricultural feeders and improve the availability of daytime electricity for irrigation.

“The portfolio is backed by a 25-year Power Purchase Agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL) at a fixed tariff of ₹3.10 per unit. The indicative total project cost is approximately ₹3,900 crore, and debt financing has been sanctioned by a reputed financial institution, subject to applicable financing and disbursement conditions,” it added.

The company said that while it will initially acquire a 49% equity stake, the investment is structured to give it financial and project-management control under the agreed arrangements with Onix Renewable Ltd.

The agreement also gives Transrai flexibility to increase its shareholding, potentially up to 100%, subject to mutually agreed terms and applicable approvals.

Transrail Lighting stock performance

At around 10:24 AM, Transrail Lighting shares were off their day’s high and stood at ₹468.25 per unit, up 3.88%.

The scrip has fallen 3% in the past week but gained 13% over the month. On a year-to-date (YTD) basis, it has lost 16%.

While the stock hit a 52-week high of ₹758 per equity share on October 23, 2025, it touched a year’s low of ₹400.65 apiece on September 16, 2026.

Transrail Lighting has a total market capitalisation of ₹6,285.87 crore as of October 21, 2026, according to data on the NSE.