Transrail Lighting Gains 5% on Proposed 49% Stake Acquisition
Transrail Lighting’s board approved the proposed acquisition of a 49% stake for Rs 20 crore. The target is truncated in the supplied text.
Stock-specific action remained in focus on Dalal Street on October 21, with investors reacting to corporate developments and quarterly earnings.Transrail Lighting share price rose 5 percent after the company’s board approved the proposed acquisition of a 49% stake in c for Rs 20 crore. NOPL is deve…