Transformers and Rectifiers (India) rises on $43 mln order win

Transformers and Rectifiers (India)

24/05/2024 06:27

** Shares of Transformers and Rectifiers (India)  TRNF.NS 
up as much as 5% at 618.65 rupees 
    ** TRNF receives orders worth 3.59 bln rupees ($43.2 mln)
from AL Anwaar International, the Adani Group and the L&T Group
    ** Stock on track to snap five straight sessions of losses
if current trends hold 
    ** Including session gains, TRNF up 167.4% YTD after surging
314.2% in 2023


($1 = 83.2050 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))