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TRF Share Price

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NSEBSE

488.4021.50 (4.60%)

03:53 PM,18th Apr 2024

490.5020.25 (4.31%)

04:01 PM,18th Apr 2024

BSE : 505854

NSE : TRF

Sector : Engineering

ISIN Code : INE391D01019

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Last Updated: Apr 18 2024 | 04:01 PM IST

Market Cap (₹ Cr)

537

Turnover (₹ Cr)

0.25

Volume (Shares)

51292

Face Value

10

52-WK High

509.95

52-WK High Date

13 Feb 2024

52-WK Low

158.85

52-WK Low Date

22 May 2023

All Time High

1178.00

All Time High Date

14 May 2010

All Time Low

45.15

All Time Low Date

25 Mar 2020

TRF Ltd

Promoted by TISCO ACC Hewitt-Robbins (US) and General Electric (UK) TRF Ltd formerly known as Tata-Robins-Fraser was incorporated in November 1962. The Company undertakes turnkey projects of material handling for the infrastructure sector such as power and ports and industrial sector such as steel plants cement fertilisers and mining. It is also engaged in production of such material handling equipments at its manufacturing facility at Jamshedpur. Further it is engaged in providing services relating to design and engineering supervision etc.The Company services core industries like power mining coal fertilisers cement ports etc. Since its inception TRFL has specialised in the manufacture of advanced systems for conveying stacking blending reclaiming and processing of bulk raw materials. TRFL also undertakes turnkey contracts for total systems -- bulk material handling plants.The company diversified to manufacture underground mining machinery - side discharge loaders and load haul dumpers and acquired the stamp-charging technology for coke-oven machinery in technical collaboration with German firms by the end of the 80s. It no longer has tie-ups with Hewitt-Robbins and General Electric. In 1993-94 TRFL entered into an agreement with Italiampianti Italy for the supply of the latest technology covering yard equipment such as stackers reclaimers stackers-cum-reclaimers ship-loaders etc. TRFL implemented the first phase of the steel service centre and commenced operations from Sep.'94. Company sold its steel service centre assets at Bara Jamshedpur for a total consideration of Rs 14 crores to Tata Iron and Steel Company Limited. The company has also signed MoU with M/s Tip-Top Saar GmbH Germany for acquiring state-of-the-art knowhow for conveyor belt reconditioning plant and services. In 1999-2000 Tata Material Handling Systems Ltd (TMHS) and Tata Technodyne (TRF) amalgamated with TRF Limited (TRFL). The company signed an Association Agreement with M/s Hatch Associates Australia for high speed and high capacity conveying systems. The company also signed the Tata Brand Equity and Business Promotion Agreement (BE-BP) with Tata Sons Limited and adopted the Tata Code of Conduct.The company has commissioned Coal Handling Plant with wagon tippler at Tata Power Company's power station at Jamshedpur and also Coal handling plant at Wadi Cement Plant during 2001-02. It has also installed 3 nos 20 T.Level Luffing Cranes for Tuticorin port trust at Tuticorin in 2002-03.During 2003-04 the Company in association with SMS Demag has successfully branched out into the business of providing Design and Engineering Services for Mini Blast Furnaces.On Oct 5 2007 the Company acquired 51% Equity shares (12870941) of York Transport Equipment (Asia) Pte. Limited (YTEA) Singapore a wholly owned subsidiary of Baker Technology Limited at a cash consideration of S$ 16.575 Million (equivalent to Rs. 44.65 Crores) through a SPV named TRF Singapore Pte. Limited.During the year 2009 the Company launched MFL (Maintenance Free Longlife bearing) axle at the Brisbane Show in May 2009. It started 2 new business divisions viz. (i) Balance of Plant (BOP) and (ii) Operation & Maintenance Services (O&MS) during the year 2010-11. On April 15 2010 the Company acquired 100% equity shares of Hewitt Robins International Ltd (HRIL) of United Kingdom.On July 7 2009 the Company had acquired 51% stake in DLT Sri Lanka through its wholly owned subsidiary TRF Singapore Pte. Ltd. with a 'Put' and 'Call' option to buy out the balance 49% stake at a price to be determined based on the formulae set out in the Option Agreement. As per agreement the shareholders of balance 49% ordinary shares exercised the put option on December 30 2011. The Company through TRF Singapore Pte. Ltd. bought these shares at pre determined agreed consideration. Consequently DLT became a wholly owned subsidiary of TRF Singapore Pte. Ltd.On October 5 2007 the Company had acquired 51% stake in York from Baker Technology Ltd. through its wholly owned subsidiary TRF Singapore Pte. Ltd. with a 'Call' and 'Put' option agreement to buyout balance 49% stake at a price to be determined based on the formulae set out in the Option Agreement. Pursuant to exercising the Call Option Notice dated March 23 2012 Company acquired 49% of the issued and paid up capital of York through its wholly owned subsidiary TRF Holdings Pte. Ltd. Singapore on March 27 2012.It developed new products such as Smooth Double Roll Crusher during FY 2015-16. It further developed new products such as Flip Flop screen Travelling Plough feeder & Ring Granulator (2800 TPH) in 2017. It manufactured and delivered Load Haul Dumpers and Travelling Plough Feeders during 2017-18.During the year 2019-20 the Company completed the Performance Guarantee test for two projects viz. NMDC Donimalai and Indure Solapur. The Company in FY 2020-21 completed external projects such as BHEL Meja Wanakbori and 2 out of the 7 circuits at Nagarnar (NMDC) site while the Ship Unloader was commissioned at IFFCO-Paradip. At the NTPC-Nabinagar Power Generating Company (NPGC) Nabinagar site the first rake of bottom-discharge wagons was unloaded at the Track Hopper while the commercial operation of the 2 unit of 660 MW commenced through the coal handling system provided by TRF. Some of the noteworthy projects executed for Tata Steel are erection & commissioning of the Wagon Loader at West Bokaro Booster pump house and pipeline work for In-pit slime dam at Joda and refurbishment of Wagon Tippler for HMC coke circuit.During the year 2022-23 the 2nd & 3rd units of 660x3 MW NTPC Nabinagar Power Plant was commissioned. The Company completed material handling system at Nagarnar 3 mtpa Steel Plant.

TRF Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

537

EPS - TTM (₹) [S]

44.09

P/E Ratio (X) [S]

12.69

Face Value (₹) 10
Latest Dividend (%)40.00
Latest Dividend Date 10 Jul 2012
Dividend Yield (%) -
Book Value Share (₹) [S]38.49
P/B Ratio (₹) [S]12.69
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Sundaram Small Cap Fund (IDCW) 3.86 180700 0.34
Sundaram Small Cap Fund (G) 3.86 180700 0.34
Sundaram Small Cap Fund - Direct (G) 3.86 180700 0.34
Sundaram Small Cap Fund - Direct (IDCW) 3.86 180700 0.34

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

466.90

490.20

Week Low/High

417.20

490.20

Month Low/High

403.40

490.20

Year Low/High

158.85

510.00

All time Low/High

7.65

1178.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week10.34%11.53%-3.40-3.33%
1 Month16.83%16.29%-0.36-0.27%
3 Month93.08%93.16%1.832.49%
6 Month88.61%88.57%10.0411.82%
1 Year194.13%195.37%21.3724.55%
3 Year452.18%452.49%48.4550.47%

Company Info

Company Information

Independent Director : Ranaveer Sinha

Independent Director : Ramya Hariharan

Independent Director : KRISHNAVA SATYAKI DUTT

Independent Director : Ansuman Das

Company Sec. & Compli. Officer : Prasun Banerjee

Chairman (Non-Executive) : AVNEESH GUPTA

Non Executive Director : SANJIB NANDA

Managing Director : UMESH KUMAR SINGH

Registered Office: 11 Station Road, Burma Mines,Jamshedpur,Jharkhand-831007 Ph: 91-0657-2345727

Email:investors@trf.co.in

URL:http://www.trf.co.in