Transformers and Rectifiers India Ltd secures contract of Rs. 72 crores from GETCO

Transformers and Rectifiers (India) Limited has been awarded orders of Transformers for total contract value of Rs. 72 Crores from Gujarat Energy Transmission Corporation Limited (GETCO).

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. 816 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. 29.00 as compared to the previous close of Rs. 28.50. The total number of shares traded during the day was 17661 in over 235 trades.

The stock hit an intraday high of Rs. 29.55 and intraday low of 28.55. The net turnover during the day was Rs. 509180.00.

Source : Equity Bulls

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