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Transformers and Rectifiers rises on bagging order worth Rs 124 crore

08 Jul 2015 Evaluate

Transformers & Rectifiers (India) is currently trading at Rs. 266.00, up by 0.60 points or 0.23% from its previous closing of Rs. 265.40 on the BSE.

The scrip opened at Rs. 270.00 and has touched a high and low of Rs. 270.00 and Rs. 264.70 respectively. So far 982 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 307.20 on 20-May-2015 and a 52 week low of Rs. 142.25 on 22-Oct-2014.

Last one week high and low of the scrip stood at Rs. 275.00 and Rs. 248.00 respectively. The current market cap of the company is Rs. 356.60 crore.

The promoters holding in the company stood at 74.90% while Institutions and Non-Institutions held 3.29% and 21.81% respectively.

Transformers and Rectifiers (India) has bagged order worth Rs 124 crore from Gujarat Energy Transmission Corporation (GETCO). With this order, the company’s order book as on date stands around Rs 900 crore.

Transformers and Rectifiers (India) is one of India’s leading transformer manufacturers. The company is the main supplier of transformers to the Sardar Sarovar hydel project, state electricity boards and major international clients.

 

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