Transformers and Rectifiers India hits record high on Q3 profit jump

Transformers and Rectifiers (India)

08/01/2025 09:26

** Shares of Transformers and Rectifiers (India)  TRNF.NS 
rise as much as 5% to a record high of 1,297.80 rupees 
    ** Power transformers maker reports a more-than-3-fold
year-on-year jump in Q3 consol net profit, rev rises 51% 
    ** TRNF also approves bonus share issue in ratio of 1:1     
    ** Stock sees busiest session in nearly 3 months, trading
vols nearly 4x their 30-day avg 
    ** TRNF grew nearly 5-fold in 2024

 (Reporting by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))