The buying on the counter came after the company secured a purchase order worth ₹91.26 crore
Indo Tech Transformers shares hit 5 per cent upper circuit on Friday at ₹1,881.35 per share on BSE, after the company won an order worth ₹78.39 crore from Avaada Clean Project
Shares of Indo Tech Transformers were locked in a 5 per cent upper circuit at Rs 3,047.35 a piece on the BSE in Wednesday's intraday trade
Shares of Indo Tech Transformers hit a new high of Rs 2,507, surging 5 per cent on the BSE in Thursday's intra-day trade in an otherwise weak market on healthy business outlook.
In the past four weeks, the stock price of heavy electric equipment company has surged 63 per cent. While in the past one year, it zoomed 660 per cent
The stock of heavy electric equipment company traded higher for the fifth straight day, and zoomed 82 per cent after the company reported strong March quarter earnings (Q4FY23)
The company said that it has developed a business plan to strengthen its financial position and liquidity.