Transformers & Rectifiers (India) is currently trading at Rs 326.00, up by 1.25 points or 0.38% from its previous closing of Rs. 324.75 on the BSE.
The scrip opened at Rs. 335.00 and has touched a high and low of Rs. 336.90 and Rs. 324.90 respectively. So far 8850 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 389.00 on 10-Nov-2016 and a 52 week low of Rs. 180.10 on 24-Nov-2015.
Last one week high and low of the scrip stood at Rs 329.20 and Rs 305.50 respectively. The current market cap of the company is Rs 435.61 crore.
The promoters holding in the company stood at 74.90%, while Institutions and Non-Institutions held 5.54% and 19.56% respectively.
Transformers and Rectifiers (India) has bagged an order for 232 No. of Inverter Duty Transformers and 19 No. of Power Transformers upto 110 kV Class amounting to Rs 96 crore from Adani Group for solar power project. The said order falls under the normal course of business. The company neither has any interest in the entity that awarded the Order nor fall within related party transactions. With this order, the company’s order book as on date stands around Rs 980 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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