Transformer stock to watch after it secures orders worth ₹362 CroreTransformer stock to watch after it secures orders worth ₹362 Crore

Introduction:

Leading transformer manufacturer has secured orders worth ₹362 crore for the supply of EHV power transformers. Awarded by major domestic companies, the contracts are set to be delivered by the next financial year, strengthening the company’s market position.

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Share price movement of Transformers and Rectifiers (India):

On January 28, 2025, Transformers and Rectifiers (India) Ltd. opened at ₹861.20, down 4.44% from its previous close of ₹901.20. The stock reached a high of ₹881.40 and a low of ₹856.15. By 11:15 AM, it traded at ₹856.15, a 5% decrease, with a market cap of ₹12,849.35 crore.

Transformers and Rectifiers Secures ₹362 Crore Orders:

Transformers and Rectifiers (India) Limited has secured new orders worth ₹362 crore, as disclosed under SEBI’s listing regulations. These orders, from various prominent entities, are for the supply of EHV power transformers, with delivery expected by the next financial year.

The orders were awarded by leading domestic companies such as Power Grid Corporation of India, Megha Engineering & Infrastructures, KEC International, and others. The contracts are for manufacturing transformers and related work, ensuring the company’s continued leadership in the transformer industry.

Transformers and Rectifiers (India) Limited confirmed that the orders fall within the normal course of business, with no related party transactions involved. The company remains focused on delivering high-quality products and services.

Recent news on Transformers and Rectifiers (India):

As of January 08, 2025, Transformers and Rectifiers (India) Ltd. reported a 250% rise in Q3 net profit to ₹55.48 crore. The company’s revenue grew 51% to ₹559.4 crore, and it announced a 1:1 bonus issue and QIP to raise ₹750 crore.

Stock performance of Transformers and Rectifiers (India) for Period of 1 week, 6 months and 1 year:

Over the past week, Transformers and Rectifiers (India) Ltd. (TARIL) saw a decline of 13%. However, the company has experienced impressive growth of 22.3% over the last 6 months and a remarkable 154% increase over the past year.

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Shareholding pattern of Transformers and Rectifiers (India):

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	64.40%	66.20%	66.20%
FII	11.10%	9.30%	8.00%
DII	7.70%	6.90%	6.30%
Public	16.90%	18%	19.50%

About Transformers and Rectifiers (India):

Transformers and Rectifiers (India) Ltd. (NSE: TARIL) is a leading manufacturer of transformers in India. The company specializes in EHV power transformers, providing solutions for power transmission and distribution. It is listed on the NSE under the symbol TARIL.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.