Introduction:
Leading transformer manufacturer has secured a substantial order worth ₹166.45 crore from a domestic entity for supplying single-phase coupling transformers for TBCB projects. The order is set for delivery by the next financial year, reinforcing its strong presence in the power sector.
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Share price movement of Transformers and Rectifiers (India):
On February 19, 2025, Transformers and Rectifiers (India) Ltd opened at ₹365.05, down 0.54% from its previous close of ₹367.55. The stock hit a high of ₹385.90, a 4.90% jump, and a low of ₹365.05. By 09:56 AM, it traded at ₹385.90, with a market cap of ₹11,583.40 crore.
Transformers and Rectifiers Secures ₹166.45 Crore Order:
Transformers and Rectifiers (India) Limited has secured a significant order worth ₹166.45 crore from Hyosung T&D India Private Limited. The order involves manufacturing single-phase coupling transformers for TBCB projects. The company will complete delivery by the next financial year.
The contract, awarded by a domestic entity, aligns with the company’s core manufacturing operations. Transformers and Rectifiers clarified that the promoter group has no interest in the awarding entity, and the transaction does not fall under related party deals, ensuring transparency.
With this order, the company strengthens its position as a leading transformer manufacturer in India. Committed to delivering high-quality products, Transformers and Rectifiers continues to expand its footprint in the power sector, contributing to India’s energy infrastructure development.
Recent news on Transformers and Rectifiers (India):
As of January 29, 2025, Transformers and Rectifiers (India) Ltd secured supply orders worth ₹362 crore from multiple entities, including Power Grid, Adani Energy, and Torrent Power. The contracts for EHV power transformers are set for delivery next financial year.
Stock performance of Transformers and Rectifiers (India) for Period of 1 week, 6 months and 1 year:
Transformers and Rectifiers (India) Ltd saw a 10.7% decline over the past week and a 1.40% dip in six months. However, the stock delivered an impressive 126% return over the past year, reflecting strong long-term growth potential.
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Shareholding pattern of Transformers and Rectifiers (India):
Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 64.40% | 66.20% | 66.20% |
FII | 11.10% | 9.30% | 8% |
DII | 8% | 7% | 6% |
Public | 16.90% | 17.60% | 19.50% |
About Transformers and Rectifiers (India):
Transformers and Rectifiers (India) Ltd (NSE: TARIL) is a leading Indian manufacturer of power, furnace, and rectifier transformers. Operating on a B2B model, it serves power generation, transmission, distribution, and industrial sectors with a diverse transformer and reactor portfolio.
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.