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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
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.
 
 

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

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