Antique keeps buy call on Transrail despite 13.5% drop
In short
Antique Stock Broking kept a buy rating on Transrail Lighting even though the stock fell 13.5% in 2026. It pointed to strong demand in the power transmission and distribution business, plus a broad order book and good market position.
This may support investor confidence in the stock. The source does not give the target price, stop loss, or exact current trading level.
What the reporting says
Antique Stock Broking issued a bullish view on Transrail Lighting despite a 13.5% stock decline in 2026, according to the publisher summary. The brokerage cited expected demand in the power transmission and distribution sector, along with a diversified order book and market positioning. The immediate implication is a supportive broker view, but the source does not state the target price, stop loss or current share price.
Why it matters
Antique Stock Broking is reported to have maintained a bullish stance on Transrail Lighting despite a 13.5% decline in 2026. The rationale given was expected strength in the power T&D sector, backed by a diversified order book and positioning. This matters for Transrail shareholders and investors watching capital goods and infrastructure names, but the source does not provide the brokerage’s valuation numbers or any fresh company update.