Transformers and Rectifiers (India) Ltd receives order of Rs. 84 Crores from GE T&D India Limited

Transformers and Rectifiers (India) Limited has been awarded third party export order of Transformers amounting to Rs. 84 Crores from GE T&D India Limited.

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. 1121 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.29.6 as compared to the previous close of Rs. 26.75. The total number of shares traded during the day was 504260 in over 2021 trades.

The stock hit an intraday high of Rs. 31 and intraday low of 26.8. The net turnover during the day was Rs. 14583140.

Source : Equity Bulls

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