Experts are bullish about a stock. Some brokerage firms predict that this stock can show great growth and become the next multibagger. Strong upside potential is visible in this.
The name of the share we are talking about is Transrail Lighting Ltd. It had offered its shares at the rate of Rs 432 per share during its IPO in December last year.
The company raised a total of Rs 838.91 crore through IPO and the shares closed at Rs 739 with a decline of 1.48 percent on Thursday. The share is 71 percent above its IPO price. However, in August 2025 it surged 98 percent from its IPO price to reach a 52-week high of Rs 855.40.
What do brokerage firms say?
LKP Securities has initiated coverage of the company with a ‘Buy’ rating citing its strong order book and continued expansion. The brokerage said the company operates four manufacturing units that enable in-house production of critical components such as lattice structures, conductors and monopoles, giving it significant cost and operational advantages over the competition.
It has given a CAGR of 31 percent in revenue in the last three years and more than 20 percent growth is expected in FY 26 and FY 27. The company said its margins remain stable at around 11.7 per cent, supported by strong RoCE of around 24 per cent in FY25.
How far will this share go?
LKP said a strong domestic and global transmission and distribution (T&D) market, which is expected to grow at a CAGR of 4.1 per cent through FY2030, strengthens the company’s future prospects. Experts have given ‘buy’ rating and a target of Rs 990.
What target did Philip Capital give?
Phillip Capital said we believe Transrail is well positioned to take advantage of the growing T&D capital expenditure cycle driven by grid modernisation, renewable energy integration and electrification.
We estimate CAGR of 23 per cent/20 per cent/22 per cent for Revenue/Ebitda/PAT during FY 25-28. We value the company at a PE of 19 times H1FY28E earnings per share (EPS) of Rs 39.5 and initiate coverage with a ‘Buy’ rating and a target price of Rs 1027.
(Note- The target brokerage firm mentioned here has its own views. AajTak does not take any responsibility for it. Before investing in any share, please take the help of your financial advisor.)
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