Transformers and Rectifiers secures Rs 350 Crore Orders from Adani Group

by Psu Connect
Date: 03-03-25

Shares of the transformer company are trading lower by 6.81% at Rs 359.0.

Transformers and Rectifiers (India) Ltd announced on Monday that it has secured two orders totaling Rs 350 crore for the supply of transformers. According to a regulatory filing, the delivery of these transformers is expected to be completed by the next financial year.

The company received an order worth Rs 278 crore from the Adani Group for the supply of transformers. Additionally, a similar order worth Rs 78 crore came from the Al Sabha Group in Iraq and Powerlink in Queensland, Australia.

Shares of the transformer company are trading lower by 6.81% at Rs 359.0.

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