Transformers &Rectifiers India gets order of Rs126cr

With this order, the company's order book as on date stands around Rs1,030cr.

Jan 17, 2018 06:01 IST India Infoline News Service

Transformers and Rectifiers
Transformers and Rectifiers (India) Ltd has been awarded the order for 53 No of Transformers amounting to Rs126cr from U. P. Power Transmission Corporation Ltd. The said order falls under the normal course of business. The company neither has any interest in the entity that awarded the order nor fall within related party transactions.

With this order, the company's order book as on date stands around Rs1,030cr.

The company continuously thrives to deliver quality products and services and over a period of time has become a leading manufacturer of transformers in the Country.

The stock ended 1.6% higher on the NSE. The scrip opened at Rs39.55 and has touched a high and low of Rs42.4 and Rs39.2 respectively.

Related Story