Transformers and Rectifiers touches roof on bagging order worth Rs 166 crore

24 Dec 2019 Evaluate

Transformers & Rectifiers (India) is locked at upper circuit limit at Rs. 7.84, up by 1.30 points or 19.88% from its previous closing of Rs. 6.54 on the BSE.

The scrip opened at Rs. 6.54 and has touched a high and low of Rs. 7.84 and Rs. 6.50 respectively. So far 48596 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 16.50 on 08-Mar-2019 and a 52 week low of Rs. 6.16 on 13-Dec-2019.

Last one week high and low of the scrip stood at Rs. 7.84 and Rs. 6.50 respectively. The current market cap of the company is Rs. 103.93 crore.

The promoters holding in the company stood at 74.91%, while Institutions and Non-Institutions held 0.96% and 24.13% respectively.

Transformers and Rectifiers (India) has been awarded the order of Transformers amounting to $ 23,586,713 equivalent to Rs 166 crore from Transmission Company of Nigeria PIc, Maitama, Abuja (World bank funded 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 1161 crore. The company continuously thrives to deliver quality products and services and over a period of time has become a leading manufacturer of transformers in India and cater the export business in various countries.

Transformers & Rectifiers (India) is engaged in the manufacture of a wide range of transformers.

Transformers & Rect Share Price

395.75 18.80 (4.99%)
28-Mar-2024 16:01 View Price Chart
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