India's Transformers and Rectifiers rises on order win

Transformers and Rectifiers (India)

31/08/2026 07:53

** Shares of Transformers and Rectifiers (India) TRNF.NS rise as much as 7.69% to 326.95 rupees; last up 2.77% at 312 rupees 
** Indian power transformer manufacturer secures order from Nuclear Power Corporation of India (NPCIL) in southern state of Karnataka 
** Project part of India's 700 MWe pressurised heavy water reactors programme 
** ICICI Direct Research says order win strengthens TRNF’s multi-year revenue visibility and order inflow momentum, while entry into nuclear power expands its addressable market into a high value, specialised segment
** Brokerage says nuclear opportunity provides an additional growth avenue for co’s high-voltage transformer capabilities
** Stock up 9.40% YTD
      
     

 (Reporting by Anushka Rajvedi in Bengaluru)
 ((mailto: anushka.rajvedi@thomsonreuters.com))