Transformers and Rectifiers zooms on bagging export orders worth $16.80 million
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Transformers and Rectifiers (India) is currently trading at Rs. 710.45, up by 33.80 points or 5.00% from its previous closing of Rs. 676.65 on the BSE.
The scrip opened at Rs. 663.00 and has touched a high and low of Rs. 710.45 and Rs. 663.00 respectively. So far 21919 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 845.70 on 13-Jun-2024 and a 52 week low of Rs. 111.50 on 31-Aug-2023.
Last one week high and low of the scrip stood at Rs. 710.00 and Rs. 663.00 respectively. The current market cap of the company is Rs. 10662.64 crore.
The promoters holding in the company stood at 66.16%, while Institutions and Non-Institutions held 14.33% and 19.51% respectively.
Transformers and Rectifiers (India) has been awarded export orders of $16.80 million. The company has been awarded first export order of transformers for total contract value of $14.00 million from Linxon Global Sweden and the order will include 18 Nos. of 20 MVA Trackside Traction Transformers & 55 Nos of 7.5 MVA, Track Side Auto Transformer. The Entire work shall be completed by October 2025.
The company has been awarded second export order of transformers for total contract value of $2.80 million from Arcelor Mittal Mexico and the order will include 175 MVA, 66 KV Electrical Arc Furnace Transformer. The Entire work shall be completed by December 2024. The company continuously thrives to deliver quality products and services and over a period of time has become a leading manufacturer of transformers in the Country.
Transformers & Rectifiers (India) is engaged in the manufacture of a wide range of transformers.
