India's Transformers and Rectifiers hits 1-wk high on order win

Transformers and Rectifiers (India)

29/12/2022 09:02

** Shares of Transformers and Rectifiers India Ltd  TRNF.NS 
rise as much as 4.5% to 57.65 rupees, their highest since Dec.
22
    ** TRNF receives orders worth 1.23 billion rupees ($12.08
million) for transformers from one of the central utilities
    ** Co's order book now stands at 15.13 billion rupees
    ** About 460,500 shares change hands by 2:17 p.m. IST, 0.8x
30-day avg of 580,613 shares
    ** Stock up 62.3% YTD as of current price at 57.30 rupees
($1 = 82.7925 Indian rupees)
 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))