Transformers and Rectifiers soars on winning Rs 440 crore order

The stock soared 17% to Rs 196 after the company said it has received export order amounting of Rs 440 crore.

Transformers & Rectifiers India's Odhav (Gujarat) facility
SI Reporter Mumbai
Last Updated : Mar 30 2015 | 11:42 AM IST
Shares of Transformers and Rectifiers (India) has soared 17% to Rs 196 on the BSE after the company announced that it has received export order amounting of Rs 440 crore.

With this order, company’s order book as on date stands around Rs 800 crore, Transformers and Rectifiers (India), a leading manufacturer of transformers said in a BSE filing.

The stock opened at Rs 174 and hit a high of Rs 200 on the BSE. Till 1136 hours, a combined 64,653 shares changed hands against an average sub 25,000 shares that were traded daily in past two weeks on the BSE and NSE.
 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 30 2015 | 11:39 AM IST

Next Story