Transformers and Rectifiers India Ltd receives Rs. 219 crores order from Power Grid

Transformers and Rectifiers (India) Limited has been awarded orders of total contract value of Rs. 219 Crores from Power Grid Corporation of India Limited.

The order is for Designing, Engineering, Manufacture, testing at Manufacturers works and supply of 13 Nos of 110 MVAR, 765kV, 1-Phase Reactors, 2 Nos of 125 MVAR 420kV, 3-Phase Reactor, 6 Nos of 110 MVAR 765kV, 1-Phase Reactors along with all fitting, accessories for complete execution and Local Transportation, In Transit Insurance, Loading and uploading & Installation Services.

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. 189.35 as compared to the previous close of Rs. 184.70. The total number of shares traded during the day was 325216 in over 5838 trades.

The stock hit an intraday high of Rs. 198.15 and intraday low of 178.75. The net turnover during the day was Rs. 61059146.00.

Source : Equity Bulls

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