Indo Tech Transformers Jumps on Securing ₹78.39 Crore Order from Avaada Clean Project

Mumbai, September 5 (Kiran News) — Shares of Indo Tech Transformers traded higher on Thursday after the company announced it had bagged a purchase order worth ₹78.39 crore (plus taxes) from Avaada Clean Project.

Indo Tech Transformers

At 11:00 am, the stock was quoted at ₹1,860.00, up by 3.81% from its previous close of ₹1,791.80 on the BSE. The scrip opened at ₹1,815.05 and touched an intraday high of ₹1,881.35 and a low of ₹1,815.05. A total of 1,933 shares were traded on the counter.

The BSE ‘B’ group stock, with a face value of ₹10, has a 52-week high of ₹3,792.90 (Jan 9, 2025) and a 52-week low of ₹1,540.00 (Aug 7, 2025). The company’s market capitalisation currently stands at ₹1,975.32 crore. Promoters hold 75.00%, while institutional and non-institutional investors own 0.56% and 24.44% respectively.

The fresh order involves the manufacture and supply of nine 125 MVA transformers. Earlier, on August 4, 2025, the company had also received a Letter of Award (LoA) for the supply of six 175 MVA, 220/33-33kV transformers.

Indo Tech Transformers, part of the power infrastructure sector, manufactures power and distribution transformers, mobile sub-station transformers, special application transformers, and complete sub-stations.

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