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Transrail Lighting shares jump nearly 13% on Silvassa expansion

The stock rose about 13% after the company said the first phase of its brownfield expansion at its Silvassa facility has been completed, boosting conductor manufacturing capacity.

TRANSRAILL

New Delhi, Sept. 22 -- Shares of Transrail Lighting jumped nearly 13% on Tuesday, 22 September, after the company announced completion of the first phase of its brownfield expansion at its Silvassa facility, significantly boosting conductor manufacturing capacity. The company said the expansion has materially increased its conductor manufacturing capacity.