08-11-2023 12:24 PM | Source: Accord Fintech
Indo Tech Transformers touches roof on getting LoAs worth Rs 62.70 crore

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Indo Tech Transformers is locked at its upper circuit limit of Rs. 535.80, up by 10.50 points or 2.00% from its previous closing of Rs. 525.30 on the BSE.

The scrip opened at Rs. 535.80 and has touched a high and low of Rs. 535.80 and Rs. 535.80 respectively. So far 50 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 567.75 on 17-Oct-2023 and a 52 week low of Rs. 163.70 on 23-Mar-2023.

Last one week high and low of the scrip stood at Rs. 535.80 and Rs. 505.00 respectively. The current market cap of the company is Rs. 569.02 crore.

The promoters holding in the company stood at 75.00%, while Non-Institutions held 25.00% in the company.  

Indo Tech Transformers has received 3 Letter of Awards (LoAs) for supply of transformers. The aggregate value of the order under the said LOAs is Rs 62.70 crore plus applicable taxes. 

Indo Tech Transformers is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile sub-station transformers and sub-stations.