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TARIL — Transformers and Rectifiers (India) News Story

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in flag iconLast trade - 00:00
IndustrialsSpeculativeMid CapMomentum Trap

India's Transformers and Rectifiers hits exchange-allowed upper limit on order win

** Shares of Transformers and Rectifiers (India)  TRNF.NS 
rise 5%, the upper limit of exchange-allowed trading band, to
385.80 rupees 
    ** Co wins order worth 1.66 bln rupees ($19.1 mln) for
manufacturing of single phase transformers
    ** More than 359,000 shares traded as of 9:57 a.m. IST, over
half of the stock's 30-day avg
    ** Stock trims YTD losses to 35.5%


($1 = 86.9080 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))

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