Transformers and Rectifiers shares jumped more than 3% in morning trade after the company won a substantial order valued at Rs ₹565 crore from Power Grid Corporation of India Limited.
The order includes the manufacture and supply of transformers and reactors ranging in capacity from 80 MVAr to 500 MVA and voltage classes from 420 kV to 765 kV.
This deal demonstrates TRIL’s strong status in the transformer manufacturing sector and is in line with its objective to assist large-scale power infrastructure projects in India. The firm has committed to deliver the equipment by the fiscal year 2025–26, demonstrating its capacity to meet stringent timelines.
As of 11:07 am, Transformers and Rectifiers shares were trading 3.71% higher at Rs 675.65 on the NSE.
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