TGV SRAAC Ltd's production disrupted on winding failure in Transformer supplied by TRIL

TGV SRAAC Ltd has announced that the winding in Transformer supplied by M/ s Transformers and Rectifiers India Ltd. (TRIL), has failed. This has resulted in production loss of about 120 TPD of caustic soda and chlorine 106 TPD. This effect may continue for about 60 days. The company is in contact with the supplier for rewinding.

The company is exploring other alternatives in this regard for early restarting.

Shares of TGV Sraac Ltd was last trading in BSE at Rs. 126.80 as compared to the previous close of Rs. 125.80. The total number of shares traded during the day was 209768 in over 1712 trades.

The stock hit an intraday high of Rs. 129.85 and intraday low of 124.65. The net turnover during the day was Rs. 26861071.00.

Source : Equity Bulls

Keywords

TGVSraac INE284B01028 CommodityChemicals ProductionDisruption WindingFailure Transformer TRIL