Transformers and Rectifiers India Ltd bags order for Rs. 186 crores

Transformers and Rectifiers (India) Limited has been awarded orders of Transformers for total contract value of Rs. 186 Crores from one of the State Utility.

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 at Rs. 1482 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) Limited was last trading in BSE at Rs. 31.70 as compared to the previous close of Rs. 29.15. The total number of shares traded during the day was 69978 in over 896 trades.

The stock hit an intraday high of Rs. 32.80 and intraday low of 28.70. The net turnover during the day was Rs. 2168431.00.

Source : Equity Bulls

Keywords

TransformersAndRectifiersIndia INE763I01026 TRIL OrderWin StateUtility