Transformers and Rectifiers wins export order worth Rs 140 crore | Business Upturn

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Transformers and Rectifiers (India) Limited has recently secured export orders worth US $16.80 million.

As per the exchange filing, today, on August 22, the company has been awarded an export order of transformers from Linxon Global Sweden, with a total contract value of US$ 14.00 Million. The entire project is expected to be completed by October 2025.

Arcelor Mittal Mexico has also awarded the company an export order for transformers worth $2.80 million. The entire project is expected to be completed by December 2024.

In the meantime, as of 10:18 am, Transformers and Rectifiers shares were trading 5.00% higher at Rs 709.85 on the NSE.

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TOPICS: Transformers and Rectifiers