Rs 1,955 crore order book: This multibagger transformer manufacturer receives an order worth Rs 192 crore!

Shares of this company jumped more than 25 per cent in the last 6 months.

On July 25, 2023, Transformers and Rectifiers (India) Limited (T&R) informed in the exchange filing that the company has received orders of Rs 134 crore. The company in the exchange filing stated that with this order, the company’s order book to date stands at Rs 1,955 crore.

The company also stated that the order falls under the normal course of the business and it doesn’t have any interest in the entities that awarded the orders.

Transformer and Rectifier is a manufacturer of a wide range of transformers, which conform to the quality expectations of both the domestic and the international market. T&R as it is more popularly known, is proud to have executed several prestigious orders from developed countries such as Canada and the United Kingdom. The company has manufacturing facilities at Changodar, Ahmedabad and Odhav.

Today, the stock opened at Rs 88.05, with a high and low of Rs 91.95 and Rs 85.60. The stock previously closed at Rs 87.52. The stock closed trading at Rs 90.27, up by 3.14 per cent. 

In the last six months, the shares of the company have given more than 25 per cent returns and in the last three-year, the stock has given about 700 per cent returns.  

The stock has a 52-week high of Rs 111.95 and a 52-week low of Rs 28.95. The company has a ROCE of 15.0 per cent and an ROE of 10.8 per cent with a market capitalisation of Rs 1,197 crore.

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