India's Transformers & Rectifiers gains 6% on $84 million order win

Transformers and Rectifiers (India)

17/03/2025 05:55

** Shares of India's Transformers & Rectifiers TRNF.NS rise 6% to 397 rupees

** TRNF shares rise for first time in 5 sessions

** Co secures 7.26 billion rupees (about $84 million) order from western Indian state of Gujarat

** TRNF down ~ 31% YTD

($1 = 86.8050 Indian rupees)

 (Reporting by Sethuraman NR in Bengaluru)

 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))