Transformers & Rectifiers (India) is currently trading at Rs. 351.10, up by 7.20 points or 2.09% from its previous closing of Rs. 343.90 on the BSE.
The scrip opened at Rs. 346.00 and has touched a high and low of Rs. 356.95 and Rs. 340.05 respectively. So far 28444 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 475.90 on 13-Apr-2017 and a 52 week low of Rs. 285.00 on 17-Aug-2016.
Last one week high and low of the scrip stood at Rs. 356.95 and Rs. 340.00 respectively. The current market cap of the company is Rs. 455.03 crore.
The promoters holding in the company stood at 74.90%, while Institutions and Non-Institutions held 5.69% and 19.41%, respectively.
Transformers & Rectifiers (India) has received an approval for issuance of equity shares, and/or equity linked securities and/or securities convertible into equity shares through Qualified Institutional Placement (QIP) or preferential allotment for an amount not exceeding Rs 250 crore. The board of directors at its meeting held on August 3, 2017 has approved or the same. The above is subject to obtain enabling approvals from the shareholders.
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.
