TRIL gains after receiving order from GETCO

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Capital Market
Last Updated : Jul 08 2015 | 12:01 AM IST

Transformers and Rectifiers (India) rose 3.42% to Rs 269.10 at 13:30 IST after the company said that it has received the order amounting to Rs 124 crore from Gujarat Energy Transmission Corporation.

The announcement was made during market hours today, 7 July 2015.

Meanwhile, the S&P BSE Sensex was up 66.94 points or 0.24% at 28,275.70.

On BSE, so far 18,001 shares were traded in the counter as against average daily volume of 6,613 shares in the past one quarter.

The small-cap manufacturer of transformers hit a high of Rs 275 and a low of Rs 260.50 so far during the day. The stock hit a 52-week high of Rs 307.20 on 20 May 2015. The stock hit a 52-week low of Rs 142.25 on 22 October 2014.

With this order, company's order book as on date stands around Rs 900 crore, Transformers and Rectifiers (India) said.

Transformers and Rectifiers (India)'s net profit fell 90.4% to Rs 0.83 crore on 43.9% decline in total income to Rs 164.52 crore in Q4 March 2015 over Q4 March 2014.

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First Published: Jul 07 2015 | 1:24 PM IST

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