India's Transformers and Rectifiers hits over 1-1/2-month high after block deal

Transformers and Rectifiers (India)

02/01/2026 09:56

** Shares of Transformers and Rectifiers (India) rise 9.2% to 335.8 rupees, highest level since mid-Nov.

** Over 228,000 shares traded in a block deal at 335.45 rupees/shr, a 9% premium to yesterday's close, according to LSEG data

** More than 36.6 mln shares traded so far, over 4x the 30-day avg

** In 2025, stock fell nearly 50%

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))