Transformers and Rectifiers India Ltd bags contract worth Rs. 237 crores

Transformers and Rectifiers (India) Limited has been awarded orders of Transformers for total contract value of Rs. 237 Crores from Power Grid Corporation of India Limited.

The order is for Designing, Engineering, Manufacture, testing at Manufacturers works, supply, freight, ETC of 13x80 MVAR, 765kV, 1-Ph Reactors at Dausa Substation, 7x80 MVAR, 765kV, 1-Ph Reactors at Beawar Substation, 7x110 MVAR, 765kV, 1-Ph Reactors at Dausa Substation; including insulating oil and along with all fittings, accessories including marshalling box for each Auto-Transformer, Digital RTCC Panel, foundation bolts (if any), cables.

The Entire work shall be completed within 15 Months from date of issue of Notification of Award.

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. 184.70 as compared to the previous close of Rs. 187.90. The total number of shares traded during the day was 46812 in over 1308 trades.

The stock hit an intraday high of Rs. 190.60 and intraday low of 183.10. The net turnover during the day was Rs. 8772610.00.

Source : Equity Bulls

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