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Alfa Transformers surges on bagging order worth Rs 53 lakh

18 Sep 2023 Evaluate

Alfa Transformers is currently trading at Rs. 56.78, up by 0.19 points or 0.34% from its previous closing of Rs. 56.59 on the BSE.

The scrip opened at Rs. 56.70 and has touched a high and low of Rs. 57.00 and Rs. 56.70 respectively. So far 39326 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 60.11 on 12-Sep-2023 and a 52 week low of Rs. 6.43 on 18-Oct-2022.

Last one week high and low of the scrip stood at Rs. 60.11 and Rs. 54.39 respectively. The current market cap of the company is Rs. 51.96 crore.

The promoters holding in the company stood at 47.60%, while Non-Institutions held 52.40% stake in the company.

Alfa Transformers has been awarded an order worth Rs 53 lakh. The company has bagged order from Larsen & Toubro (L&T), ECC division for supply of Transformers to PGI Capital Hospital, Bhubaneswar.

Alfa Transformers is engaged in the production of Electrical Distribution & Power Transformers. The company is a major supplier to utilities, multinationals and domestic corporate.


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