Transformers and Rectifiers India Ltd wins orders worth Rs. 232 crores

Transformers and Rectifiers (India) Limited has been awarded orders of total contract value of Rs. 232 Crores from Power Grid Corporation of India Limited.

The order is for Designing, Engineering, Manufacture, testing at Manufacturers works and supply of 5 Nos of 500 MVA, 400/220/33kV, 3-Phase ICT, 5 Nos of 500 MVA 400/220/33kV, 3-Phase Auto Transformers 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 21 Months from date of issue of Notification of Award.

Shares of Transformers And Rectifiers (India) Limited was last trading in BSE at Rs. 341.60 as compared to the previous close of Rs. 345.00. The total number of shares traded during the day was 18079 in over 434 trades.

The stock hit an intraday high of Rs. 349.00 and intraday low of 330.50. The net turnover during the day was Rs. 6192653.00.

Source : Equity Bulls

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TransformersAndRectifiersIndia INE763I01026 TRIL OrderWin PowerGrid