Rs 2,926 crore order book: Transformers & rectifiers company bags new export orders worth USD 16.80 million from Linxon Global Sweden & Arcelor Mittal Mexico

Rs 2,926 crore order book: Transformers & rectifiers company bags new export orders worth USD 16.80 million from Linxon Global Sweden & Arcelor Mittal Mexico

Kiran Shroff
/ Categories: Trending, Multibaggers

The stock gave multibagger returns of 520 per cent in just 1 year, 2,525 per cent in 3 years and a whopping 9,200 per cent in 5 years.

Transformers and Rectifiers (India) Limited has been awarded significant export orders totalling USD 16.80 million. Here are the details: -

The first order, worth US$14.00 million, was received from Linxon Global Sweden. This order involves the supply of 18 Nos. 20 MVA Trackside Traction Transformers and 55 Nos of 7.5 MVA Track Side Auto Transformers. The entire project is scheduled to be completed by October 2025.

The second order, valued at US$2.80 million, was awarded by Arcelor Mittal Mexico. This order entails the delivery of a 175 MVA, 66 KV Electrical Arc Furnace Transformer. The completion deadline for this project is December 2024.

Neither Linxon Global Sweden nor Arcelor Mittal Mexico has any affiliation or related party relationships with Transformers and Rectifiers (India) Limited. Both orders are at arm's length and within the company's normal course of business.

DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.

Transformers & Rectifiers India Limited manufactures a wide range of transformers. The company's products include power generation, transmission, and distribution transformers. The company has a market cap of over Rs 10,000 crore and has delivered good profit growth of 57.2 per cent CAGR over the last 5 years. As of July 2024, Madhuri Madhusudan Kela, wife of Madhusudan Kela, owns a 2.09 per cent stake in the company. As of June 30, 2024, the company has an order book of Rs 2,926 crore

On Monday, shares of Transformers & Rectifiers India Limited plunged 2.41 per cent to Rs 728 per share with an intraday high of Rs 760 and an intraday low of Rs 711.15. The stock gave multibagger returns of 520 per cent in just 1 year, 2,525 per cent in 3 years and a whopping 9,200 per cent in 5 years. Investors should keep an eye on this small-cap stock under their watchlist.  

Disclaimer: The article is for informational purposes only and not investment advice. 

Also Read: Rs 555.80 Crore Order Book & FIIs Bought 3,81,010 Shares: Heavy Buying In This Multibagger Cable Manufacturing Stock; Rockets Over 12 On August 26

Previous Article Penny stock under Rs 5 from the 2007-2008 stock market crisis; Board announces 1:3 bonus shares – Check record date inside!
Next Article Multibagger stock under Rs 100: Construction and Building Materials company bags new order worth Rs 21,26,250 from Larsen and Toubro Ltd
Rate this article:
2.9

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR