Transformers and Rectifiers zooms on bagging order worth Rs 130 crore

16 Mar 2020 Evaluate

Transformers & Rectifiers (India) is currently trading at Rs. 7.00, up by 0.63 points or 9.89% from its previous closing of Rs. 6.37 on the BSE.

The scrip opened at Rs. 7.35 and has touched a high and low of Rs. 7.40 and Rs. 6.96 respectively. So far 25942 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 14.97 on 30-May-2019 and a 52 week low of Rs. 5.11 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 7.42 and Rs. 5.11 respectively. The current market cap of the company is Rs. 84.44 crore.

The promoters holding in the company stood at 74.91%, while Institutions and Non-Institutions held 0.38% and 24.71% respectively.

Transformers and Rectifiers (India) has received order for supply and service of Transformers amounting to Rs 130 crore from Power Grid Corporation of India. 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 1175 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 the country.

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
Peers
Company Name CMP
Siemens 5230.00
Havells India 1522.45
Apar Inds 6986.80
ABB India 6350.00
CG Power & Indl.Soln 539.95
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