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The announcement was made during market hours today, 18 July 2016.
Meanwhile, the S&P BSE Sensex was down 87.03 points or 0.31% at 27,749.47.
On BSE, so far 8,897 shares were traded in the counter as against average daily volume of 13,538 shares in the past one quarter. The stock hit a high of Rs 367.70 and a low of Rs 342.50 so far during the day. The stock had hit a 52-week high of Rs 387.90 on 27 May 2016. The stock had hit a 52-week low of Rs 162 on 25 August 2015. The stock had underperformed the market over the past one month till 15 July 2016, sliding 1.81% compared with Sensex's 4.15% rise. The scrip had, however, outperformed the market in past one quarter, advancing 28.75% as against Sensex's 8.62% rise.
The small-cap company has equity capital of Rs 13.26 crore. Face value per share is Rs 10.
Transformers and Rectifiers (India)'s net profit spurted 1209.8% to Rs 10.74 crore on 52.7% growth in net sales to Rs 247.13 crore in Q4 March 2016 over Q4 March 2015.
Transformers & Rectifiers (India) manufactures a wide range of transformers for the domestic and the international market.
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