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TARIL — Transformers and Rectifiers (India) News Story

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IndustrialsSpeculativeMid CapMomentum Trap

Transformers and Rectifiers (India) rises on $13.6 mln order win

** Shares of Transformers and Rectifiers (India)  TRNF.NS 
rise as much as 4.5% to 695 rupees
    ** TRNF says it has won order worth 1.14 bln rupees ($13.6
mln)
    ** Stock on track to snap five consecutive session of loss,
if trend holds
    ** Trading vol 0.7x the 30-day daily avg
    ** Stock down 3.8% so far this week, set for third straight
weekly loss
    ** Stock last up 2.9%, bumping YTD gains to 195.9%





($1 = 83.8880 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))

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