India's Indo Tech Transformers rises after order win, capacity expansion plans

Indo Tech Transformers

01/01/2025 04:06

** Shares of Indo Tech Transformers  INTT.NS  rise to
exchange-allowed maximum of 5% to 3,048.25 rupees
    ** Transformer manufacturer gets order worth 1.17 bln rupees
($13.7 mln) to supply 13 transformers
    ** Co says it will spend 750 mln rupees to increase plant
capacity by 6,500 MVA to 16,000 MVA
    ** INTT rose more than four-fold in 2024, its biggest annual
gains since listing in 2006


($1 = 85.6625 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))