Stock Report

Transformers and Rectifiers India Ltd receives orders worth Rs. 359 crores



Posted On : 2024-05-24 18:15:19( TIMEZONE : IST )

Transformers and Rectifiers India Ltd receives orders worth Rs. 359 crores

Transformers and Rectifiers (India) Limited has been awarded total orders of Rs. 359 Crores from following customers:

- Awarded Export Order for "T&R" MAKE 90 MVA, 132/33 KV Transformer with Fittings and Accessories for total contract value of Rs. 161 Crores from AL Anwaar International. The Entire work shall be completed by February 2025.

- Awarded Domestic Order for Designing, Engineering, Manufacture, Testing at Manufacturers works, supply, freight, ETC of 6 Nos of 500 MVA 400 kV Transformers; 3 no of 125 MVAR 400 kV Reactors and 16 Nos of Unit Transformers including insulating oil and along with all fittings, accessories including marshalling box for each Auto-Transformer, Digital RTCC Panel, foundation bolts (if any), cables for total contract value of Rs. 179 Crores from Adani Group. The Entire work shall be completed within 18 Months from date of issue of Notification of Award.

- Awarded Domestic Order for Designing, Engineering, Manufacture, Testing at Manufacturers works, supply, freight, ETC of 1 no of 250MVA Transformers including insulating oil and along with all fittings, accessories including marshalling box for each AutoTransformer, Digital RTCC Panel, foundation bolts (if any), cables for total contract value of Rs. 19 Crores from L&T Group. 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. 619.60 as compared to the previous close of Rs. 590.10. The total number of shares traded during the day was 111621 in over 1839 trades.

The stock hit an intraday high of Rs. 619.60 and intraday low of 613.00. The net turnover during the day was Rs. 69152015.00.

Source : Equity Bulls

Keywords

TransformersAndRectifiersIndia INE763I01026 TRIL OrderWin ALAnwaarInternational AdaniGroup LandTGroup