New Delhi, Aug. 6 -- Transrail Lighting share price in focus: Transrail Lighting, a recent debutant on Dalal Street, witnessed a sharp uptick in its shares during intraday trade on Wednesday, August 06, gaining 13% to hit a two-week high of Rs.797 apiece. The rally came in response to the company's robust June-quarter results.
Post-market hours on Tuesday, the company reported a 105% YoY jump in consolidated net profit to Rs.106 crore in Q1, while revenue from operations rose 81% YoY to Rs.1,660 crore from Rs.916 crore in the same period last year.
The revenue growth was primarily driven by strong execution in the Transmission & Distribution (T&D) segment, which remains the company's core focus area. At the operating level, EBITDA impro...
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