Transformers and Rectifiers rises on bagging orders worth Rs 145 crore
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Transformers and Rectifiers (India) is currently trading at Rs 54.60, up by 1.45 points or 2.73% from its previous closing of Rs. 53.15 on the BSE.
The scrip opened at Rs. 53.15 and has touched a high and low of Rs. 56.55 and Rs. 53.15 respectively. So far 198799 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 62.00 on 04-Oct-2022 and a 52 week low of Rs. 25.00 on 25-Oct-2021.
Last one week high and low of the scrip stood at Rs. 56.00 and Rs. 50.85 respectively. The current market cap of the company is Rs. 729.77 crore.
The promoters holding in the company stood at 74.91%, while Non-Institutions held 25.09% stake in the company.
Transformers and Rectifiers (India) has received two orders of Transformers for total contract value of amounting to Rs 145 crore from well-known Indian Companies. The said orders fall under the normal course of business. The company neither has any interest in these entities that awarded the orders nor fall within related party transactions. With this order, the company’s Order book as on date stands at Rs 1521 crore.
Transformers & Rectifiers (India) is engaged in the manufacture of a wide range of transformers
