Transformers and Rectifiers is currently trading at Rs. 357.40, up by 28.30 points or 8.60% from its previous closing of Rs. 329.10 on the BSE.
The scrip opened at Rs. 348.80 and has touched a high and low of Rs. 364.40 and Rs. 342.00 respectively. So far 5,112 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 387.90 on 27-May-2016 and a 52 week low of Rs. 167.00 on 26-Oct-2015.
Last one week high and low of the scrip stood at Rs. 364.40 and Rs. 308.00 respectively. The current market cap of the company is Rs. 471.93 crore.
The promoters holding in the company stood at 74.90%, while Institutions and Non-Institutions held 5.47% and 19.63% respectively.
Transformers and Rectifiers (India) has entered into a joint venture agreement (JVA) with Jiangsu Jingke Smart Electric Company(Jingke), which was incorporated for purpose of starting the business of manufacturing and marketing of GIS/HGIS/TGIS systems and products for 220kV and below and distribution products of 40.5 kV and below in India. The company will hold 60% of share of joint venture and balance by Jingke.
Transformers & Rectifiers (India) is engaged in manufacturing transformers. Its product includes power transformer, distribution transformer, rectifier transformer, generator transformer, interconnecting transformers furnace transformer, specialty transformer and reactors.
