Transformers and Rectifiers (India) rose 2.90% to Rs 56.75 after the company announced that it had been awarded transformer orders worth Rs 123 crore from a central utility.
According to the company, the orders are part of the normal course of business. The order brings the company’s order book to Rs 1,513 crore as on date. Rectifiers and Transformers India is a power, furnace, and rectifier transformer manufacturer.