Transformers and Rectifiers (India) up on order wins

Transformers and Rectifiers (India)

01/07/2024 07:03

** Shares of Transformers and Rectifiers (India)  TRNF.NS 
up ~5% at 759 rupees 
    ** Co got orders worth 1.49 billion rupees ($17.9 million)
from NCC  NCCL.NS , Power Grid Corp  PGRD.NS  and Adani Energy
Solutions  ADAI.NS  
    ** Trading vols ~2x 30-day avg 
    ** YTD stock has soared 228% 


($1 = 83.4025 Indian rupees)

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