Transformers and Rectifiers India jumps on ~$17 mln orders

Transformers and Rectifiers (India)

22/08/2024 06:56

** Shares of Transformers and Rectifiers (India)  TRNF.NS 
up 5% to ~710 rupees 
    ** Co said it got separate export orders from Linxon Global
Sweden, Arcelor Mittal Mexico, totalling to $16.8 mln 
    ** TRNF set for first weekly gain in four, if trends hold
    ** YTD stock has jumped ~207% 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))