Hot Pursuit     28-Feb-17
Transformers and Rectifiers gains after bagging order
Transformers and Rectifiers (India) rose 3.07% to Rs 401.75 at 9:20 IST on BSE after the company said that it has bagged an order for supplying 39 transformers and reactors.
The announcement was made after market hours yesterday, 27 February 2017.

Meanwhile, the BSE Sensex was up 30.96 points, or 0.11%, to 28,843.84.

On the BSE, 2,524 shares were traded in the counter so far, compared with average daily volume of 12,792 shares in the past one quarter. The stock had hit a high of Rs 405.50 and a low of Rs 398.40 so far during the day. The stock had hit a 52-week high of Rs 471.85 on 20 January 2017. The stock had hit a 52-week low of Rs 196 on 29 February 2016.

Transformers and Rectifiers (India) (TRIL) said that it has bagged an order for supplying 39 transformers and reactors amounting to Rs 153 crore from Gujarat Energy Transmission Corporation (GETCO).

The order falls under the normal course of business. With the latest order, the company's order book now stands at around Rs 1020 crore.

TRIL manufactures a wide range of transformers for the domestic and the international market.

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