Transrail Lighting And Kalpataru Projects Shares Rise After ₹3,276 Crore Order Wins; Transmission And EPC Projects Drive Fresh Business

Shares of Transrail Lighting and Kalpataru Projects International rose on Wednesday, 21 October, after the two companies announced fresh orders worth a combined ₹3,276 crore.

Transrail Lighting secured orders worth ₹927 crore, largely in its domestic power transmission and distribution business. Kalpataru Projects International announced new orders and notifications of awards worth around ₹2,349 crore across its power transmission and distribution, buildings and factories businesses.

Transrail Lighting Bags ₹927 Crore Orders

Transrail Lighting said its latest order wins were mainly from the domestic power transmission and distribution segment. The projects include engineering, procurement and construction (EPC) contracts for 765 kV and 400 kV transmission lines, along with conductor supply orders for the US market.

With these additions, the company's order intake for the current financial year has reached ₹3,356 crore. Transrail also said it had announced orders worth more than ₹2,300 crore over the preceding three weeks.

Commenting on the wins, Managing Director and CEO Randeep Narang said the company would continue to build on its presence in the domestic market while expanding its international business and diversifying its products and services.

Transrail Lighting shares climbed as much as 9.7% to an intraday high of ₹494.65 apiece on Wednesday. The stock had gained 15.5% over the previous month, though it remained down 13.7% so far this year.

At 10:44 AM, Transrail Lighting’s share price stood at ₹470.40 on the National Stock Exchange (NSE), up 4.36%.

Kalpataru Projects Wins Orders Worth ₹2,349 Crore

Kalpataru Projects International said it had received new orders and notifications of awards for EPC projects worth approximately ₹2,349 crore. The contracts cover power transmission and distribution projects in India, as well as work in the domestic buildings and factories segment.

The latest wins have taken the company's order inflows for FY27 so far beyond ₹22,000 crore, according to Managing Director and CEO Manish Mohnot.

Mohnot said the order momentum had strengthened the company's position for future growth.

Kalpataru Projects shares rose 2.5% to an intraday high of ₹1,379.90 on Wednesday before giving up their gains and moving into negative territory. The stock had declined 7.4% over the past month but was still up 11.3% so far in the current calendar year.

At 10:44 AM, Kalpataru Projects’ share price on the NSE stood at ₹1,311.40, down 2.62%.

The fresh contracts add to the order books of both companies, with Transrail's wins concentrated largely in power transmission and distribution and Kalpataru securing work across power infrastructure and buildings and factories.

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