Shares of Transrail Lighting Ltd. have gained over 1% on Thursday, November 20, after the company announced it has unlocked the market in a new country in the Middle East and North Africa (MENA) region.
The company said it has bagged new orders worth ₹548 crore from MENA which includes a major International Transmission Line EPC project. It is not clear by when the order will be executed.
Randeep Narang, Managing Director and CEO, said the order marks Transrail's entry into a new country in MENA region.
With this, Transrail's cumulative order inflows for FY26 have increased to ₹4,285 crore. The company indicated that order flows for rest of the financial year remains positive. The company is currently in a L1 position for potential contracts worth ₹2,575 crore.
"This, along with add

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