Transrail shares jumped 13.2%, their biggest single-day gain since listing, after Q1 net profit doubled to Rs 106 crore and revenue rose 81% YoY.
The company bagged fresh orders worth Rs 1,748 crore, mainly from India’s Transmission & Distribution sector.
Order book rose to Rs 14,654 crore, aided by robust execution and renewable energy push.
Stock has rebounded 76% above IPO price after a weak debut, with strong gains over the past three months.
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