Transformers and Rectifiers Bags Rs 565 Crore from PGCI

Transformers and Rectifiers (India) Ltd. announced securing a major order worth Rs 565 crore from Power Grid Corporation of India, boosting its shares by 5 percent during trading on October 3. The order involves the manufacturing of transformers and reactors, with deliveries scheduled for FY26.

Shares traded at Rs 683.35 on NSE, with the stock having delivered close to 200% returns over the past year.