Multibagger stock from its 52-week low: This small-cap company receives order worth Rs 131 crore!
The company’s order book as of date stands at Rs 1,822 crore.
Transformers and Rectifiers shares zoomed 0.17 per cent today to 53.74 per share, with an intraday high of Rs 66 and a low of Rs 63.40. The 52-week high for the stock is Rs 82.25 and the 52-week low is Rs 25.10.
The company informed the exchanges (BSE Script Code: 532928; NSE Script Code: TRIL) that it has been awarded the order of transformers for a total contract value of Rs 131 crore from one of the Central Utility. The company’s order book as of date stands at Rs 1,822 crore including the above order.
Transformers and Rectifiers (India) Ltd is a manufacturer of power, furnace and rectifier transformers. It continuously thrives to deliver quality products and services and over some time has become a leading manufacturer of transformers in the country. The shares of the company saw a spurt in volume by more than 2.24 times on BSE.
TRIL has a market cap of Rs 844.96 crore. In O3FY23, the net profit zoomed 134 per cent over Q3FY22. In FY22, net sales zoomed 55.66 per cent and net profit zoomed 75 per cent over FY21.
The stock gave multibagger returns of 162.95 per cent from its 52-week low of Rs 25.10 per share. This Small-Cap stock should be kept under the radar.