India's Transformers and Rectifiers ascends on investment plans

Transformers and Rectifiers (India)

27/10/2026 06:10

** Shares in India's Transformers and Rectifiers (India) Ltd TRNF.NS up as much as 7.4% at 321.85 rupees 
** Stock eyes snapping seven consecutive sessions of losses 
** Heavy electrical equipment firm plans to invest 12.50 billion rupees ($131.32 million) in three Greenfield Manufacturing Plants in Gujarat
** Expects annual revenue potential of 20 billion rupees once facilities are fully operational 
** Stock up about 10% so far this year 
     
     
     
($1 = 95.1850 Indian rupees)

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com ; +91 98052 24616;))