Transformers and Rectifiers India Ltd bags Rs. 108 crore order from PGCIL

Transformers and Rectifiers (India) Limited has been awarded the order of Transformers amounting to Rs. 108 Crores from Power Grid Corporation of India Limited (PGCIL)

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. 1123 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.17.6 as compared to the previous close of Rs. 17.7. The total number of shares traded during the day was 35778 in over 88 trades.

The stock hit an intraday high of Rs. 18 and intraday low of 17.5. The net turnover during the day was Rs. 631732.

Source : Equity Bulls

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