1,550 per cent returns and Rs 2,145 crore order book: This multibagger transformer manufacturer bags multiple new orders worth Rs 574 crore!

Shares of the company have gained more than 200 per cent on a YTD basis.

Transformers and Rectifiers (India) Limited (T&R) has secured a series of major contracts totaling over Rs. 574 crores. Leading the charge is a Rs. 237 crore deal with Power Grid Corporation of India Limited (Power Grid) for high-voltage transformers destined for various substations. This strategic partnership reinforces T&R's position as a key player in building India's power infrastructure.

Further solidifying their presence in the northern grid, T&R landed an Rs. 118 crore contract from Uttar Pradesh Power Transmission Corporation Limited. This agreement involves designing, manufacturing, and supplying five high-capacity transformers to bolster power transmission capabilities in the state.

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But the winning streak doesn't stop there. T&R has also secured a Rs. 219 crore deal with Power Grid for another tranche of high-voltage equipment, including 1-phase and 3-phase reactors, further strengthening their partnership and solidifying their expertise in this critical domain.

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 a number of prestigious orders from developed countries such as Canada and the United Kingdom. The stock has delivered multibagger returns of over 1550 per cent in the last five years. The company has an order book worth Rs 2,145 crore.

The stock has shown tremendous growth and investors should keep a close eye on this stock.

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