Transformers & Rect.
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Transformers & Rectifiers (India) has received notifications of award from Power Grid Corporation of India Limited for an 'Ultra Mega Order' to manufacture transformers and associated work. The company's internal classification defines Ultra Mega Orders as those valued at ₹1,000 crore and above, making this the largest disclosed contract in recent history. Deliveries are scheduled over the next 30 months. Power Grid is the central transmission utility of India and has no promoter or group company interest in the transformer manufacturer. The order falls within the ordinary course of business and does not constitute a related-party transaction.
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Transformers & Rectifiers (India) has received notifications of award from Power Grid Corporation of India Limited for an 'Ultra Mega Order' to manufacture transformers and associated work. The company's internal classification defines Ultra Mega Orders as those valued at ₹1,000 crore and above, making this the largest disclosed contract in recent history. Deliveries are scheduled over the next 30 months. Power Grid is the central transmission utility of India and has no promoter or group company interest in the transformer manufacturer. The order falls within the ordinary course of business and does not constitute a related-party transaction.
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May 22 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) LTD - SECURES ORDER WORTH 2.28 BILLION RUPEES
Source text: ID:nBSE4DWb0L
Further company coverage: TRNF.NS
(([email protected];))
May 22 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) LTD - SECURES ORDER WORTH 2.28 BILLION RUPEES
Source text: ID:nBSE4DWb0L
Further company coverage: TRNF.NS
(([email protected];))
May 19 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) LTD - SECURES ORDER WORTH 1.75 BILLION RUPEES
Source text: ID:nBSEbzJXM7
Further company coverage: TRNF.NS
(([email protected];))
May 19 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) LTD - SECURES ORDER WORTH 1.75 BILLION RUPEES
Source text: ID:nBSEbzJXM7
Further company coverage: TRNF.NS
(([email protected];))
April 27 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) LTD - GETS ORDER VALUED USD 16.26 MILLION
Source text: ID:nNSE7FS68D
Further company coverage: TRNF.NS
(([email protected];))
April 27 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) LTD - GETS ORDER VALUED USD 16.26 MILLION
Source text: ID:nNSE7FS68D
Further company coverage: TRNF.NS
(([email protected];))
** Shares of Transformers and Rectifiers (India) TRNF.NS fall as much as 11.5% to 295 rupees, last down 9%
** Stock set for its worst day in more than three months, if losses hold
** Power equipment maker's Q4 profit falls 5.2% Y/Y; rev from ops rises ~16%
** Over 9.8 mln shares traded so far, 2.2x the 30-day avg
** Stock up 6.9% YTD
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
** Shares of Transformers and Rectifiers (India) TRNF.NS fall as much as 11.5% to 295 rupees, last down 9%
** Stock set for its worst day in more than three months, if losses hold
** Power equipment maker's Q4 profit falls 5.2% Y/Y; rev from ops rises ~16%
** Over 9.8 mln shares traded so far, 2.2x the 30-day avg
** Stock up 6.9% YTD
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
March 5 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
NAMES MEHUL SHAH AS CFO
CHANCHAL S S RAJORA RESIGNS AS CFO
Further company coverage: TRNF.NS
(([email protected];;))
March 5 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
NAMES MEHUL SHAH AS CFO
CHANCHAL S S RAJORA RESIGNS AS CFO
Further company coverage: TRNF.NS
(([email protected];;))
** Shares of Transformers and Rectifiers (India) Ltd TRNF.NS rise as much as 5.4% to 316 rupees, highest since Jan 8
** Reuters reported Indian government has eased restrictions on procurement of critical power transmission equipment from China for government contracts
** This is the first significant easing of 5-year-old curbs that shut Chinese firms out of India's government contract market
** TRNF shares are up 27% in February so far, on course for its best showing in 11 months
** More than 11.8 mln shares traded as of 1:58 p.m. IST, 1.5x their 30-day moving avg
** TRNF last up 2.8%, adding to YTD gains of 5.1%
(Reporting by Meenakshi Maidas, Bharath Rajeswaran in Bengaluru)
(([email protected];))
** Shares of Transformers and Rectifiers (India) Ltd TRNF.NS rise as much as 5.4% to 316 rupees, highest since Jan 8
** Reuters reported Indian government has eased restrictions on procurement of critical power transmission equipment from China for government contracts
** This is the first significant easing of 5-year-old curbs that shut Chinese firms out of India's government contract market
** TRNF shares are up 27% in February so far, on course for its best showing in 11 months
** More than 11.8 mln shares traded as of 1:58 p.m. IST, 1.5x their 30-day moving avg
** TRNF last up 2.8%, adding to YTD gains of 5.1%
(Reporting by Meenakshi Maidas, Bharath Rajeswaran in Bengaluru)
(([email protected];))
** Shares of Transformers and Rectifiers (India) rise 9.2% to 335.8 rupees, highest level since mid-Nov.
** Over 228,000 shares traded in a block deal at 335.45 rupees/shr, a 9% premium to yesterday's close, according to LSEG data
** More than 36.6 mln shares traded so far, over 4x the 30-day avg
** In 2025, stock fell nearly 50%
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Transformers and Rectifiers (India) rise 9.2% to 335.8 rupees, highest level since mid-Nov.
** Over 228,000 shares traded in a block deal at 335.45 rupees/shr, a 9% premium to yesterday's close, according to LSEG data
** More than 36.6 mln shares traded so far, over 4x the 30-day avg
** In 2025, stock fell nearly 50%
(Reporting by Aleef Jahan in Bengaluru)
July 8 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) LTD - APPOINTS MUKUL SRIVASTAVA AS CEO EFFECTIVE JULY 8, 2025
Source text: ID:nBSE1ypQgt
Further company coverage: TRNF.NS
(([email protected];;))
July 8 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) LTD - APPOINTS MUKUL SRIVASTAVA AS CEO EFFECTIVE JULY 8, 2025
Source text: ID:nBSE1ypQgt
Further company coverage: TRNF.NS
(([email protected];;))
June 20 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) LTD - SECURES EXPORT ORDER OF USD 16.6 MILLION
Source text: ID:nNSE30YCKH
Further company coverage: TRNF.NS
(([email protected];))
June 20 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) LTD - SECURES EXPORT ORDER OF USD 16.6 MILLION
Source text: ID:nNSE30YCKH
Further company coverage: TRNF.NS
(([email protected];))
** Shares of Transformers and Rectifiers (India) TRNF.NS up 5% to 518.7 rupees
** Power transformers maker reports more than doubled Q4 profit at 941.7 mln rupees ($10.88 mln)
** Revenue up 31.9% at 6.76 bln rupees
** Co beats Nuvama Institutional Equities' PAT estimates by 13%
** Order inquiries surged to 220 bln rupees vs 170 bln rupees at start of the year displaying robust ordering momentum - Nuvama
** More than 3.3 mln shares traded, 2.5x its 30-day moving avg
** TRNF trims YTD losses to about 9%
($1 = 86.5925 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** Shares of Transformers and Rectifiers (India) TRNF.NS up 5% to 518.7 rupees
** Power transformers maker reports more than doubled Q4 profit at 941.7 mln rupees ($10.88 mln)
** Revenue up 31.9% at 6.76 bln rupees
** Co beats Nuvama Institutional Equities' PAT estimates by 13%
** Order inquiries surged to 220 bln rupees vs 170 bln rupees at start of the year displaying robust ordering momentum - Nuvama
** More than 3.3 mln shares traded, 2.5x its 30-day moving avg
** TRNF trims YTD losses to about 9%
($1 = 86.5925 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
April 8 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) - RE-APPOINTS JITENDRA U. MAMTORA AS CHAIRMAN
Source text: ID:nNSE91pKCM
Further company coverage: TRNF.NS
(([email protected];;))
April 8 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) - RE-APPOINTS JITENDRA U. MAMTORA AS CHAIRMAN
Source text: ID:nNSE91pKCM
Further company coverage: TRNF.NS
(([email protected];;))
March 17 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
SECURES 7.26 BILLION RUPEES ORDER
Source text: ID:nBSEb04j3w
Further company coverage: TRNF.NS
(([email protected];;))
March 17 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
SECURES 7.26 BILLION RUPEES ORDER
Source text: ID:nBSEb04j3w
Further company coverage: TRNF.NS
(([email protected];;))
** Shares of Transformers and Rectifiers (India) TRNF.NS rise 5%, the upper limit of exchange-allowed trading band, to 385.80 rupees
** Co wins order worth 1.66 bln rupees ($19.1 mln) for manufacturing of single phase transformers
** More than 359,000 shares traded as of 9:57 a.m. IST, over half of the stock's 30-day avg
** Stock trims YTD losses to 35.5%
($1 = 86.9080 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Transformers and Rectifiers (India) TRNF.NS rise 5%, the upper limit of exchange-allowed trading band, to 385.80 rupees
** Co wins order worth 1.66 bln rupees ($19.1 mln) for manufacturing of single phase transformers
** More than 359,000 shares traded as of 9:57 a.m. IST, over half of the stock's 30-day avg
** Stock trims YTD losses to 35.5%
($1 = 86.9080 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Feb 18 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
SECURES ORDERS WORTH 1.66 BILLION RUPEES
Source text: ID:nBSEbmXKKD
Further company coverage: TRNF.NS
(([email protected];;))
Feb 18 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
SECURES ORDERS WORTH 1.66 BILLION RUPEES
Source text: ID:nBSEbmXKKD
Further company coverage: TRNF.NS
(([email protected];;))
Jan 28 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
GOT ORDERS WORTH 3.62 BILLION RUPEES
Source text: ID:nBSE3nXPVn
Further company coverage: TRNF.NS
(([email protected];;))
Jan 28 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
GOT ORDERS WORTH 3.62 BILLION RUPEES
Source text: ID:nBSE3nXPVn
Further company coverage: TRNF.NS
(([email protected];;))
Jan 8 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA)- APPROVES 1:1 BONUS EQUITY SHARES ISSUE
TRANSFORMERS AND RECTIFIERS (INDIA) - APPROVES QIP ISSUE UP TO 7.50 BILLION RUPEES
Source text: ID:nBSE6lZqYs
Further company coverage: TRNF.NS
(([email protected];))
Jan 8 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA)- APPROVES 1:1 BONUS EQUITY SHARES ISSUE
TRANSFORMERS AND RECTIFIERS (INDIA) - APPROVES QIP ISSUE UP TO 7.50 BILLION RUPEES
Source text: ID:nBSE6lZqYs
Further company coverage: TRNF.NS
(([email protected];))
Dec 4 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS - TO TRANSFER CONTROLLING STAKE IN POSCO POGGENAMP ELECTRICAL STEEL
TRANSFORMERS AND RECTIFIERS - TO ACQUIRE CONTROLLING STAKE IN POSCO POGGENAMP
Further company coverage: TRNF.NS
(([email protected];))
Dec 4 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS - TO TRANSFER CONTROLLING STAKE IN POSCO POGGENAMP ELECTRICAL STEEL
TRANSFORMERS AND RECTIFIERS - TO ACQUIRE CONTROLLING STAKE IN POSCO POGGENAMP
Further company coverage: TRNF.NS
(([email protected];))
Oct 8 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) SEPT-QUARTER CONSOL NET PROFIT 452.5 MILLION RUPEES
TRANSFORMERS AND RECTIFIERS (INDIA) SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.62 BILLION RUPEES
Source text for Eikon: ID:nBSEbtQv0W
Further company coverage: TRNF.NS
(([email protected];))
Oct 8 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
TRANSFORMERS AND RECTIFIERS (INDIA) SEPT-QUARTER CONSOL NET PROFIT 452.5 MILLION RUPEES
TRANSFORMERS AND RECTIFIERS (INDIA) SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.62 BILLION RUPEES
Source text for Eikon: ID:nBSEbtQv0W
Further company coverage: TRNF.NS
(([email protected];))
** Shares of Transformers and Rectifiers (India) TRNF.NS rise 4.5% to 680 rupees
** The electrical equipment co says it won orders worth 5.65 bln rupees ($67.3 mln)
** Order for manufacturing of transformers and reactors
** Stock set to gain for a third consecutive session, if trend holds
** Stock gained 193% YTD
($1 = 83.9310 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Shares of Transformers and Rectifiers (India) TRNF.NS rise 4.5% to 680 rupees
** The electrical equipment co says it won orders worth 5.65 bln rupees ($67.3 mln)
** Order for manufacturing of transformers and reactors
** Stock set to gain for a third consecutive session, if trend holds
** Stock gained 193% YTD
($1 = 83.9310 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** 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)
(([email protected] (+91 7982114624))
** 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)
(([email protected] (+91 7982114624))
Aug 30 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
GETS ORDERS WORTH 2.52 BILLION RUPEES
Source text for Eikon: ID:nBSE3ZZGHZ
Further company coverage: TRNF.NS
(([email protected];;))
Aug 30 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
GETS ORDERS WORTH 2.52 BILLION RUPEES
Source text for Eikon: ID:nBSE3ZZGHZ
Further company coverage: TRNF.NS
(([email protected];;))
** Shares of Transformers and Rectifiers (India) TRNF.NS up 1.3% to 729.85 rupees
** Power transformers-maker says it received orders worth $14 mln from Linxon Global Sweden
** Stock set to end three-day losing run
** However, it is on track to end August with a decline after five months of gains
** TRNF up 3.2x YTD, vs ~72% climb in rival Siemens SIEM.NS
(Reporting by Varun Vyas in Bengaluru)
** Shares of Transformers and Rectifiers (India) TRNF.NS up 1.3% to 729.85 rupees
** Power transformers-maker says it received orders worth $14 mln from Linxon Global Sweden
** Stock set to end three-day losing run
** However, it is on track to end August with a decline after five months of gains
** TRNF up 3.2x YTD, vs ~72% climb in rival Siemens SIEM.NS
(Reporting by Varun Vyas in Bengaluru)
** 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)
(([email protected];))
** 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)
(([email protected];))
July 1 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
AWARDED TOTAL ORDERS OF 1.49 BILLION RUPEES
CO HAS RECEIVED TOTAL ORDER AMOUNTING TO 6.98 BILLION RUPEES DURING QUARTER
Source text for Eikon: ID:nBSE34xjNH
Further company coverage: TRNF.NS
(([email protected];))
July 1 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
AWARDED TOTAL ORDERS OF 1.49 BILLION RUPEES
CO HAS RECEIVED TOTAL ORDER AMOUNTING TO 6.98 BILLION RUPEES DURING QUARTER
Source text for Eikon: ID:nBSE34xjNH
Further company coverage: TRNF.NS
(([email protected];))
May 27 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
SUCCESSFULLY TESTED AND SUPPLIED 220 MVA, ELECTRIC ARC FURNACE TRANSFORMER
TRANSFORMER IS SUPPLIED TO ONE OF WORLD'S LEADING COMPANY ENGAGED IN PRODUCTION OF STEEL PLANTS
Source text for Eikon: ID:nBSE3qHXZm
Further company coverage: TRNF.NS
(([email protected];))
May 27 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
SUCCESSFULLY TESTED AND SUPPLIED 220 MVA, ELECTRIC ARC FURNACE TRANSFORMER
TRANSFORMER IS SUPPLIED TO ONE OF WORLD'S LEADING COMPANY ENGAGED IN PRODUCTION OF STEEL PLANTS
Source text for Eikon: ID:nBSE3qHXZm
Further company coverage: TRNF.NS
(([email protected];))
** 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)
(([email protected]; +91 8805175330 ;))
** 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)
(([email protected]; +91 8805175330 ;))
** Shares of Transformers and Rectifiers (India) TRNF.NS jump 5% to a record high of 602.75
** Stock hits the upper limit of exchange-mandated trading band
** Co, which makes transformers for power and furnaces, said it received a letter from Gujarat Energy Transmission Corporation (GETCO) withdrawing a stop deal
** TRNF can now supply to GETCO with immediate effect, as of April 15
** The stop deal, which was initiated last July, barred dealings between GETCO and co for three years
** This was due to alleged submission of forged Material Dispatch Clearance Certificates (MDCC) related to transformers supplied by TRNF
** Stock is set for its 16th straight session of gains, marking its strongest rally since listing in Dec 2007
** Reuters could not immediately ascertain a reason for stock's extended rally
** Stock has been trading above its 200-day moving avg since August 2022
** TRNF has risen 160.5% YTD, outperforming peer Voltamp Transformers VOTL.NS, which has gained 51.7%
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Transformers and Rectifiers (India) TRNF.NS jump 5% to a record high of 602.75
** Stock hits the upper limit of exchange-mandated trading band
** Co, which makes transformers for power and furnaces, said it received a letter from Gujarat Energy Transmission Corporation (GETCO) withdrawing a stop deal
** TRNF can now supply to GETCO with immediate effect, as of April 15
** The stop deal, which was initiated last July, barred dealings between GETCO and co for three years
** This was due to alleged submission of forged Material Dispatch Clearance Certificates (MDCC) related to transformers supplied by TRNF
** Stock is set for its 16th straight session of gains, marking its strongest rally since listing in Dec 2007
** Reuters could not immediately ascertain a reason for stock's extended rally
** Stock has been trading above its 200-day moving avg since August 2022
** TRNF has risen 160.5% YTD, outperforming peer Voltamp Transformers VOTL.NS, which has gained 51.7%
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
April 15 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
RECEIVED A WITHDRAWAL OF STOP DEAL LETTER FROM GUJARAT ENERGY TRANSMISSION CORP
STOP DEAL LETTER INTIMATES GETCO HAS WITHDRAWN STOP DEAL WITH CO WITH IMMEDIATE EFFECT
WITH THIS LETTER, CO IS NOW ELIGIBLE TO SUPPLY TO GETCO WITH IMMEDIATE EFFECT
Source text for Eikon: ID:nBSEblnLTk
Further company coverage: TRNF.NS
(([email protected];))
April 15 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:
RECEIVED A WITHDRAWAL OF STOP DEAL LETTER FROM GUJARAT ENERGY TRANSMISSION CORP
STOP DEAL LETTER INTIMATES GETCO HAS WITHDRAWN STOP DEAL WITH CO WITH IMMEDIATE EFFECT
WITH THIS LETTER, CO IS NOW ELIGIBLE TO SUPPLY TO GETCO WITH IMMEDIATE EFFECT
Source text for Eikon: ID:nBSEblnLTk
Further company coverage: TRNF.NS
(([email protected];))
** Transformers and Rectifiers (India) TRNF.NS jumps an exchange-allowed maximum of 5% to record high of 498.20 rupees
** Stock set for 12th straight day of gains, hitting 5% upper circuit in 8 of them
** Co's consol profit surges over four-fold, while rev from ops increases ~17%
** Over 117k shares traded in first 15 mins of the session, already 0.6 times the 30-day avg
** Including session's gains, shares up over 115% YTD
($1 = 83.2350 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Transformers and Rectifiers (India) TRNF.NS jumps an exchange-allowed maximum of 5% to record high of 498.20 rupees
** Stock set for 12th straight day of gains, hitting 5% upper circuit in 8 of them
** Co's consol profit surges over four-fold, while rev from ops increases ~17%
** Over 117k shares traded in first 15 mins of the session, already 0.6 times the 30-day avg
** Including session's gains, shares up over 115% YTD
($1 = 83.2350 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
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What does Transformers & Rect. do?
Transformers & Rectifiers (India) Limited, established in 1994, is a leading manufacturer of high-quality power, distribution, furnace, and specialty transformers in India, serving both domestic and international markets.
Who are the competitors of Transformers & Rect.?
Transformers & Rect. major competitors are Voltamp Transformers, Shilchar Tech., Indo Tech Transform., Bharat Bijlee, Marsons, Action Const. Equip, The Anup Engineering. Market Cap of Transformers & Rect. is ₹10,116 Crs. While the median market cap of its peers are ₹4,366 Crs.
Is Transformers & Rect. financially stable compared to its competitors?
Transformers & Rect. seems to be less financially stable compared to its competitors. Altman Z score of Transformers & Rect. is 7.74 and is ranked 7 out of its 8 competitors.
Does Transformers & Rect. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Transformers & Rect. latest dividend payout ratio is 2.8% and 3yr average dividend payout ratio is 4.7%
How has Transformers & Rect. allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Transformers & Rect. balance sheet?
Balance sheet of Transformers & Rect. is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Transformers & Rect. improving?
Yes, profit is increasing. The profit of Transformers & Rect. is ₹272 Crs for TTM, ₹214 Crs for Mar 2025 and ₹44.5 Crs for Mar 2024.
Is the debt of Transformers & Rect. increasing or decreasing?
Yes, The net debt of Transformers & Rect. is increasing. Latest net debt of Transformers & Rect. is ₹316 Crs as of Mar-26. This is greater than Mar-25 when it was -₹60.41 Crs.
Is Transformers & Rect. stock expensive?
Transformers & Rect. is not expensive. Latest PE of Transformers & Rect. is 38.31, while 3 year average PE is 89.76. Also latest EV/EBITDA of Transformers & Rect. is 27.26 while 3yr average is 32.68.
Has the share price of Transformers & Rect. grown faster than its competition?
Transformers & Rect. has given better returns compared to its competitors. Transformers & Rect. has grown at ~79.22% over the last 7yrs while peers have grown at a median rate of 36.8%
Is the promoter bullish about Transformers & Rect.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Transformers & Rect. is 64.36% and last quarter promoter holding is 64.36%.
Are mutual funds buying/selling Transformers & Rect.?
The mutual fund holding of Transformers & Rect. is decreasing. The current mutual fund holding in Transformers & Rect. is 1.28% while previous quarter holding is 1.72%.