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Every day new reports and recommendations for investing in the stock market come out. Recently the leading brokerage firm Antique Stock Broking A leading company in the power transmission and infrastructure sector. Transrail Lighting Has released its first coverage report on the stock. In this report on the shares of the company ‘Buy’ means purchase rating while giving Big target price of ₹851 has been fixed. At the time of the report coming out, the price of this share was around ₹ 465, which means that from the current level the price of this share is about Rs. Bumper increase of 80% There is a possibility of coming. Let us know what special things the brokerage has said regarding the business model and future development of this company.
By setting up a new solar plant or power project in any area, the production of electricity starts, but to deliver that electricity safely to cities, factories and remote homes, a strong grid network is required. Big towers, high-voltage wires carrying electricity and substations fulfill this function.
Transrail lighting is mainly Power Transmission and Distribution (T&D) Works in the sector. The company specializes in completing EPC i.e. engineering, procurement and construction projects. According to Antik’s report, the company has over four decades of experience and has successfully completed more than 300 projects and approximately 37,000 circuit kilometers of transmission lines.
The biggest specialty of this company is that it is not limited to just taking contracts for projects, but also manufactures towers and conductors (electrical wires) itself. The company also has state-of-the-art facilities for in-house design, research and tower testing.
The brokerage believes that having these facilities gives the company better control over the availability of raw materials, high quality and completion of projects within the stipulated time frame. On the basis of this strength, the company is succeeding in winning big and complex tenders. According to the report, the company currently has Strong order book of ₹16,030 crore Present, in which about 39% share is linked to international markets.
The company is continuously increasing its manufacturing capacity rapidly. Transrail Lighting’s tower manufacturing capacity has increased from 84,000 MT in FY 2025 to 1,72,000 MT in FY 2026. Apart from this, the company is also continuously expanding its conductor manufacturing capacity and is also making inroads in the premium HTLS conductor segment.
Talking globally, the company has its presence in more than 60 countries of the world, which includes more than 28 markets in Africa. The company’s bid pipeline at the international level is around ₹50,000 crore, which can further accelerate its growth in the times to come.
According to Antique’s financial report, the company is likely to see strong compound annual growth (CAGR) in its revenue, EBITDA and net profit between financial years 2026 to 2029. The brokerage has set a target of ₹851 based on estimated EPS for FY2029.
However, investors should keep in mind that risks such as delays in projects, fluctuations in prices of raw materials (such as steel and zinc) and geopolitical tensions in the international market can impact the business. Therefore, before making any investment, be sure to consult your financial advisor.