Transformers and Rectifiers India Ltd (TRIL) witnessed a 2% surge in its stock price following the announcement of a significant order worth ₹166.45 crore. This latest development strengthens TRIL’s position as a leading transformer manufacturer in India.
The order has been awarded by Hyosung T&D India Private Limited, a well-established player in the domestic market. Under this contract, TRIL will be responsible for supplying Single Phase Coupling Transformers and carrying out related tasks for TBCB Projects. This deal underscores TRIL’s expertise and growing presence in India’s power infrastructure sector.
Order Details
- Order Value: ₹166.45 Crore
- Scope of Work: Manufacturing and supply of Single Phase Coupling Transformers
- Project Execution: Scheduled for delivery by the next financial year
Transformers and Rectifiers opened at ₹370.00, reaching a high of ₹379.00 and a low of ₹366.65. The stock’s 52-week high stands at ₹648.90, while the low is ₹152.05.
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