Introduction:
Transformer stock reported a 51% YoY revenue growth and a 21% QoQ rise in Q3FY25, alongside 253% YoY net profit growth. The Board approved bonus shares, equity raising via QIP, and governance updates to enhance value and strategic alignment.
Share Price movement of Transformers and Rectifiers (India):
On January 8, 2025, Transformers and Rectifiers (India) Ltd opened at ₹1246.95, reached an intraday high of ₹1297.80, and closed at ₹1240.00, reflecting a marginal 0.32% increase from its previous close of ₹1236.00. The company’s market cap stands at ₹18,610.28 crore.
Transformers and Rectifiers (India) share news:
Transformers and Rectifiers (India) Limited reported a 51% YoY revenue growth to ₹559.36 crores and a 21% QoQ increase from ₹461.54 crores in Q2FY25. Net profit grew 253% YoY to ₹55.48 crores, with margins rising from 4.23% to 9.76%.
The Board approved a 1:1 bonus equity share issue, subject to shareholder approval, and proposed altering the Capital Clause in the Memorandum of Association. These initiatives aim to strengthen shareholder value and align with the company’s long-term strategic goals.
Furthermore, the Board authorized raising ₹750 crores via Qualified Institutional Placement (QIP) and suggested amendments to the Articles of Association, including removing the Common Seal Clause, to modernize governance and ensure regulatory compliance.
Also Read: Transformer stock jumps after it receives an order from Adani Power distribution of transformers
Recent news About Transformers and Rectifiers (India) :
December 4, 2024: Transformers and Rectifiers (India) Limited signed a Share Transfer Agreement to acquire a controlling stake in Posco Poggenamp Electrical Steel Private Limited, a leading CRGO manufacturing facility in India, enhancing operational integration and boosting EBITDA margins.
Stock performance of Transformers and Rectifiers (India) for Period of 1 week, 6 months and 1 year:
Transformers & Rectifiers India Ltd has shown robust stock performance, delivering a 3.69% return over the past week, 62.6% over six months, and an impressive 349% return over the past year, highlighting consistent growth and investor confidence across all timeframes.
Also Read: Maharatna stock jumps after it incorporates new subsidiary for nuclear energy business
Shareholding pattern of Transformers and Rectifiers (India):
| Summary | Sep-24 | Jun-24 | Mar-24 |
| Promoter | 66.20% | 66.20% | 69.70% |
| FII | 9.30% | 7.90% | 4.50% |
| DII | 6.90% | 5.40% | 1.90% |
| Public | 17.60% | 20.60% | 24% |
About Transformers and Rectifiers (India):
Transformers and Rectifiers (India) Limited specializes in manufacturing high-quality transformers for power and industrial applications. With a robust portfolio, it caters to domestic and international markets, driving innovation, operational excellence, and sustainable growth in the energy infrastructure sector.
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.
