MoneyWorks4Me

TRF surges on bagging orders worth Rs 270.88 crore in Q2 of FY 2012-13

29 Oct 2012 Evaluate

TRF is currently trading at Rs. 249.10, up by 11.45 points or 4.82% from its previous closing of Rs. 237.65 on the NSE.

The scrip opened at Rs. 240.00 and has touched a high and low of Rs. 251.80 and Rs. 239.50 respectively. So far 16,239 shares were traded on the counter.

The NSE stock of face value Rs. 10 has touched a 52 week high of Rs. 385.95 on 17-Feb-2012 and a 52 week low of Rs. 195.25 on 21-Dec-2011.

The promoters holding in the company stood at 34.30% while Institutions and Non-Institutions held 12.50% and 53.20% respectively.

TRF has received orders worth Rs 270.88 crore in Q2 of FY 2012-13 for various material handling equipment and project work from customers like Tata Steel and others.

TRF, incorporated in 1962, belongs to Tata group and is engaged in the business of design, manufacture, supply, installation and commissioning of engineered-to-order equipment and systems.

Peers
Company Name CMP
Bharat Heavy Elect. 428.00
Thermax 3568.35
Kirloskar Industries 3788.30
Skipper 532.65
INDO-MIM 987.90
View more..