New Delhi, Oct. 6 -- Domestic brokerage firm Antique Stock Broking, in its latest report, has initiated coverage on Transrail Lighting with a bullish outlook even as the stock remains stuck in the bear zone.

The shares have lost 13.5% of their value in 2026 and fallen to a record low last month, but Antique Stock Broking sees a reversal in the rally as it sees an opportunity in the structural and multi-year power T&D investment cycle, supported by rising renewable capacity, increasing power demand, grid modernization, and the growing need for high-voltage transmission infrastructure.

Antique Stock Broking believes that the company is well-positioned to capitalize on the rising demand and underscores that it has entered this growth phase...