Voltamp Transformers started the morning on a strong note, with the stock climbing more than 2% in early trade. As of 9:21 AM, the shares were trading 2.27% higher at ₹8,255, reacting to the company’s latest order win from Gujarat Energy Transmission Corporation Limited (GETCO).
The company informed the exchanges that it has received a Letter of Intent from GETCO for a project worth about ₹85.05 crore, including GST. This contract will cover the complete cycle of designing, manufacturing, testing, and supplying power transformers across multiple ratings. Voltamp also clarified that all work will be carried out within India as the order has been placed by a domestic utility, ensuring that the entire execution falls under the local manufacturing and supply ecosystem.
According to the regulatory filing, the order is strictly a business transaction with no connection to related parties. Voltamp confirmed that neither the promoter group nor any group companies hold any stake or interest in GETCO. The project comes with a six-month execution window, adding meaningful visibility to the company’s ongoing order book and reinforcing its position in India’s high-voltage equipment space.
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