Transformers and Rectifiers (India) saw a sharp burst of buying today, with the stock shooting straight to its 10% upper circuit. The mood around the counter was visibly upbeat right from the opening bell. The shares opened at ₹289 and hardly looked back through the session, quickly pushing toward the day’s high of ₹318.20.
The stock also saw a significant rise in trading activity, with volumes touching 42.80 lakh shares—substantially higher than typical levels. Intraday movement remained stable, with the day’s low at ₹285.75, indicating consistent support from market participants.
Today’s rally comes at a time when the stock has been trading close to its 52-week low of ₹282.20. While it still remains well below the 52-week high of ₹648.90, the sharp rebound suggests renewed investor confidence and active accumulation near lower levels.
In the meantime, the company informed the exchanges that the World Bank has officially removed its name from the Debarred Firms and Individuals list on its website. This marks a major positive development for the company, easing concerns that had been weighing on investor confidence and opening the door for improved business visibility going forward.
In addition, the World Bank has granted the company extended time to present its formal explanation in the ongoing sanctions proceedings. The new deadline for filing its response has been moved to 12 January 2026, giving the company a wider window to prepare its submission thoroughly. Transformers & Rectifiers reiterated that it will continue to adhere to all SEBI disclosure norms and will provide timely updates as the matter progresses.
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