SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

TRF advances on receiving nod to sell 51% stake in AAA

29 Sep 2017 Evaluate

TRF is currently trading at Rs. 249.75, up by 8.55 points or 3.54% from its previous closing of Rs. 241.20 on the BSE.

The scrip opened at Rs. 248.90 and has touched a high and low of Rs. 251.65 and Rs. 246.15 respectively. So far 7,017 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 295.00 on 10-Oct-2016 and a 52 week low of Rs. 181.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 261.50 and Rs. 235.35 respectively. The current market cap of the company is Rs. 274.85 crore.

The promoters holding in the company stood at 34.12%, while Institutions and Non-Institutions held 2.29% and 63.58% respectively.

TRF has received an approval for sale/divestment of entire 51% shares held in Adithya Automotive Applications (AAA), subject requisite approval of the shareholders, requisite authorities and other stakeholders as may be required, and execution of definitive agreements with the proposed purchaser, on mutually acceptable terms. The board of directors at its meeting held on September 28, 2017 has approved for the same. The company owns 35,70,000 equity shares of Rs 10 each in AAA, constituting 51% of AAA’s paid up share capital.

TRF is engaged in the production of material handling equipment. The company’s segments include Products & Services, and Projects & Services.


TRF Share Price

271.75 6.75 (2.55%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 316.70
Thermax 4141.20
Kirloskar Oil Eng 1616.95
Skipper 433.50
GMM Pfaudler 931.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×