Saturday , October 19 2019
Breaking News
Home / BUSINESS / EQUITIES / Transformers and Rectifiers zoom on securing order worth Rs 126 crore from Power Grid

Transformers and Rectifiers zoom on securing order worth Rs 126 crore from Power Grid

Transformers & Rectifiers (India) is currently trading at Rs. 8.35, up by 1.37 points or 19.63% from its previous closing of Rs. 6.98 on the BSE.

The scrip opened at Rs. 7.10 and has touched a high and low of Rs. 8.37 and Rs. 7.10 respectively. So far 56935 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 1 has touched a 52 week high of Rs. 17.50 on 13-Nov-2018 and a 52 week low of Rs. 6.75 on 09-Oct-2019.

Last one week high and low of the scrip stood at Rs. 8.37 and Rs. 6.75 respectively. The current market cap of the company is Rs. 92.53 crore.

The promoters holding in the company stood at 74.91%, while Institutions and Non-Institutions held 1.38% and 23.71% respectively.

Transformers and Rectifiers (India) has received order for 21 no. of transformers amounting to Rs 126 crore from Power Grid Corporation of India. The said order falls under the normal course of business. With this order, the Company’s Order book as on date stands around Rs 1001 crore.

Transformers & Rectifiers (India) is engaged in the manufacture of a wide range of transformers.