Introduction:
Leading transformer manufacturer has secured a ₹41 crore purchase order from Adani Power Limited and its subsidiary, Mahan Energen Limited, for the supply of various ratings of distribution transformers, with a 12-month execution period.
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Share price movement of Voltamp Transformers:
On January 8, 2025, Voltamp Transformers Limited opened at ₹9,785.05, down 0.57% from its previous close of ₹9,841.70. The stock reached a high of ₹10,037.95 (2.00%) and a low of ₹9,701.05. By 1:00 PM, it traded at ₹9,783.75, a 0.59% decrease, with a market cap of ₹9,898.34 crore.
Voltamp Transformers receives ₹41 crore order:
Voltamp Transformers Limited has received a ₹41 crore purchase order from Adani Power Limited and its subsidiary, Mahan Energen Limited, for the supply of various ratings of distribution transformers. This contract is exclusive of GST.
The order, which includes design, manufacture, testing, and supply of transformers, must be executed within 12 months. The purchase order outlines special terms and conditions for the supply of transformers to meet the needs of Adani Power’s infrastructure.
Recent news on Voltamp Transformers:
As of November 5, 2024, Voltamp Transformers has received a ₹263.33 crore Letter of Intent (LoI) from Gujarat Energy Transmission Corporation Limited (GETCO) for the supply of power transformers, further strengthening its position in the Indian power sector.
Stock performance of Voltamp Transformers for Period of 1 week, 6 months and 1 year:
Voltamp Transformers Limited has seen a 5.40% decline over the past week and an 18.6% drop in the last six months. However, the company has posted a strong 49% return over the past year, reflecting positive long-term growth.
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Shareholding pattern of Voltamp Transformers:
| All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
| Promoter | 38.00% | 38.00% | 38.00% |
| FII | 28.50% | 27.30% | 25% |
| DII | 22.70% | 24.40% | 27.00% |
| Public | 10.80% | 10.40% | 10.20% |
About Voltamp Transformers:
Voltamp Transformers Ltd. (NSE: VOLTAMP) is a leading transformer manufacturer in India, specializing in distribution, power, and dry-type transformers. Established in 1963, the company operates from Vadodara, offering high-quality products for utilities and industrial clients.
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.
