Transofrmers and Rectifiers India Ltd secures orders amounting to Rs. 350 crore

Transformers and Rectifiers (India) Limited has secured Domestic and Export Orders amounting to ₹350 Crore.

The Export Orders of ₹78 Crore are received from Al Sabha Group, Iraq and Powerlink Queensland, Australia for Manufacturing of Transformers and its related work.

Total Order Valued at ₹272 Crore (inclusive GST) received from from Adani Group is for Manufacturing of Transformers and its related work.

The Delivery of Transformers is to be completed by next financial year.

The Company is committed to delivering high-quality products and services and has established itself as a leading manufacturer of transformers in the country over time.

Shares of Transformers And Rectifiers (India) Limited was last trading in BSE at Rs. 364.15 as compared to the previous close of Rs. 385.25. The total number of shares traded during the day was 95938 in over 3173 trades.

The stock hit an intraday high of Rs. 404.20 and intraday low of 356.20. The net turnover during the day was Rs. 35610694.00.

Source : Equity Bulls

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