Transformers & Rectifiers (India) has witnessed a significant rise in its stock value, currently trading at Rs. 743.00, marking an increase of 34.60 points or 4.88% from its previous close of Rs. 708.40 on the BSE. The stock opened at Rs. 708.40 and reached a high of Rs. 743.80, with a low of Rs. 691.00 during the day. So far, 14,676 shares have been traded.

The company's stock, which belongs to the BSE group 'T' and has a face value of Rs. 1, previously hit a 52-week high of Rs. 845.70 on June 13, 2024, and a 52-week low of Rs. 111.50 on August 31, 2023. Over the past week, the stock fluctuated between Rs. 760.00 and Rs. 691.00. The company's current market capitalization stands at Rs. 11,118.89 crore.

Promoters hold a majority stake of 66.16% in the company, while institutional investors and non-institutional shareholders hold 14.33% and 19.51% respectively.

The surge in stock price comes as Transformers & Rectifiers (India) secured three significant orders totaling Rs. 252 crore. The first order, valued at Rs. 91 crore, was placed by SPIL for the manufacture of transformers with a capacity ranging from 50 to 500 MVA and voltage classes from 33 kV to 420 kV. The second order, worth Rs. 70 crore, was awarded by KEPIPL for the production of transformers and reactors with capacities of 125MVAr to 500 MVA and voltage up to 420 kV. The third order, worth Rs. 91 crore, was secured from JSPL for transformers with a capacity of 250 MVA and 400 kV class.

Transformers & Rectifiers (India) specializes in the production of a wide range of transformers, catering to diverse industries.