Shares of Transformers and Rectifiers (India) Limited (TARIL) surged 5% today after the company reported robust financial results for Q3 FY25 and announced key decisions following its Board meeting.
As of 2:15 PM the shares were trading 4.77% higher at ₹1,295.00 on NSE.
Key Q3 Financial Highlights:
- Net Profit: ₹55 crore, a sharp rise from ₹15.6 crore in Q3 FY24.
- Revenue: ₹559.4 crore, up 51.5% from ₹369.3 crore YoY.
- EBITDA: ₹84.8 crore, a significant increase from ₹35.6 crore YoY.
- EBITDA Margin: Improved to 15.2% from 9.6% YoY.
TARIL Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Tue, Jan 7 2025
|
₹1,208.00
|
₹1,236.00
|
|
|
Mon, Jan 6 2025
|
₹1,274.00
|
₹1,204.50
|
-2.80%
|
|
Fri, Jan 3 2025
|
₹1,237.00
|
₹1,239.20
|
|
|
Thu, Jan 2 2025
|
₹1,205.50
|
₹1,238.70
|
|
|
Wed, Jan 1 2025
|
₹1,195.90
|
₹1,194.05
|
|
|
Tue, Dec 31 2024
|
₹1,080.00
|
₹1,139.80
|
|
|
Mon, Dec 30 2024
|
₹1,091.65
|
₹1,101.35
|
|
|
Fri, Dec 27 2024
|
₹1,079.95
|
₹1,092.30
|
|
Major Announcements:
- 1:1 Bonus Issue:
- One fully paid equity share will be issued for every existing equity share held, doubling the share capital from ₹15.01 crore to ₹30.02 crore.
- ₹750 Crore QIP:
- Approval for raising up to ₹750 crore through Qualified Institutional Placement (QIP), subject to shareholder approval.
These developments have fueled investor optimism, driving the stock’s upward momentum.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research or consult a financial advisor before making investment decisions.
