Shares of Transformers & Rectifiers (India) Limited jumped 7% after securing a significant order worth ₹726 crore from Gujarat Energy Transmission Corporation Limited (GETCO). This contract involves the manufacturing and supply of auto transformers and bus reactors, further strengthening the company’s presence in India’s power transmission sector.
As a leading transformer manufacturer in India, Transformers & Rectifiers has built a strong reputation for delivering high-quality, reliable power solutions. This latest order, part of its regular business operations, reinforces its industry leadership and commitment to excellence.
The project is scheduled for completion within 18 months from the issuance of the Letter of Intent (LOI). With a strong focus on innovation, quality standards, and cutting-edge technology, the company continues to play a crucial role in India’s growing energy infrastructure.
Transformers & Rectifiers’ stock opened at ₹381.35 and reached a high of ₹405.00 before dipping to ₹374.00. The stock has seen a 52-week high of ₹648.90 and a low of ₹152.05, reflecting significant volatility.
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