Transformers and Rectifiers India Ltd bags order of Rs. 98 crores from GETCO

Transformers and Rectifiers (India) Limited has been awarded the order of Transformers amounting to Rs. 98 Crores from Gujarat Energy Transmission Corporation Limited (GETCO).

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 around Rs. 1202 Crores.

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.

Shares of TRANSFORMERS AND RECTIFIERS (INDIA) LTD. was last trading in BSE at Rs.11.04 as compared to the previous close of Rs. 10.85. The total number of shares traded during the day was 33892 in over 165 trades.

The stock hit an intraday high of Rs. 11.24 and intraday low of 10.92. The net turnover during the day was Rs. 377242.

Source : Equity Bulls

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