Transformers and Rectifiers soars on planning to invest Rs 1,250 crore in greenfield manufacturing plants in Gujarat
Transformers & Rectifiers (India) is currently trading at Rs. 311.50, up by 11.85 points or 3.95% from its previous closing of Rs. 299.65 on the BSE.
The scrip opened at Rs. 303.10 and has touched a high and low of Rs. 321.50 and Rs. 299.85 respectively. So far 279927 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 481.10 on 27-Oct-2025 and a 52 week low of Rs. 224.30 on 02-Feb-2026.
Last one week high and low of the scrip stood at Rs. 332.70 and Rs. 295.20 respectively. The current market cap of the company is Rs. 9533.27 crore.
The promoters holding in the company stood at 64.36%, while Institutions and Non-Institutions held 8.17% and 27.47% respectively.
Transformers and Rectifiers (India) (TARIL) is planning to invest Rs 1,250 crore to establish three greenfield manufacturing plants at its Chiyada manufacturing complex in Gujarat. The new facilities will manufacture Bushings (OIP, RIP & RIF up to 800 kV), Pressboard & Insulation Materials and Continuously Transposed Conductors (CTC), critical components that form the backbone of high-voltage transformer manufacturing and are essential for strengthening India's power transmission infrastructure.
As India expands its transmission network to integrate renewable energy, strengthen interstate power connectivity and meet growing electricity demand, the availability of critical transformer components has become increasingly important for ensuring reliable and timely project execution. The investment represents a significant step towards building a more resilient and self-reliant domestic power equipment ecosystem. By localising the manufacturing of these critical components, TARIL aims to reduce import dependence, strengthen supply chain resilience and improve the availability of critical equipment required for India's rapidly expanding transmission and distribution network.
The three plants will be housed under a wholly owned consolidated ancillary subsidiary of TARIL, providing complete control over manufacturing quality, technology, procurement and long-term strategic direction. Construction of these facilities commenced in December 2025, with commercial operations expected to begin in Q1 FY2027-28. Once fully operational, the facilities are expected to generate an annual revenue potential of approximately Rs 2,000 crore while creating more than 1,000 direct employment opportunities across engineering, manufacturing, operations, quality assurance and research & development.
