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04-Dec2017

Transformers and Rectifiers gains on bagging order worth Rs 127 crore

Transformers and Rectifiers (India) is currently trading at Rs. 33.40, up by 0.65 points or 1.98% from its previous closing of Rs. 32.75 on the BSE.

The scrip opened at Rs. 33.70 and has touched a high and low of Rs. 34.50 and Rs. 33.10 respectively. So far 45,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 47.59 on 13-Apr-2017 and a 52 week low of Rs. 29.11 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 34.50 and Rs. 30.30 respectively. The current market cap of the company is Rs. 442.76 crore.

The promoters holding in the company stood at 74.90%, while Institutions and Non-Institutions held 2.50% and 22.61% respectively.

Transformers and Rectifiers (India) has been awarded order for 15 number of transformer amounting to Rs 127 crore from Power Grid Corporation of India (PGCIL). With this order, the company's order book as on date stands around Rs 937 crore.

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 and Rectifiers (India) is one of India's leading transformer manufacturers. The company is the main supplier of transformers to the Sardar Sarovar hydel project, state electricity boards and major international clients.




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