Multibagger stock from its 52-week low: This small-cap company has received orders worth Rs 184 crore!

Kiran Shroff
/ Categories: Trending, Mindshare
Multibagger stock from its 52-week low: This small-cap company has received orders worth Rs 184 crore!

The stock gave multibagger returns of 130.01 per cent from its 52-week low of Rs 25.10 per share.

Transformers and Rectifiers shares zoomed 6.15 per cent today to 57.10 per share, with an intraday high of Rs 57.75 and a low of Rs 53.28. 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 orders of transformers for total contract value of Rs 184 crore from one of the Central Utility. With this order, the Company’s Order book as on date stands at Rs 1,555 crore.  

Transformers and Rectifiers (India) Ltd is a manufacturer of power, furnace and rectifier transformers. The Company continuously thrives to deliver quality products and services and over a period of time has become a leading manufacturer of transformers in the country.  Today, shares of the company saw a spurt in volume by more than 4.09 times on BSE.  

TRIL has a market cap of Rs 756.94 crore. In O3FY23, 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 130.01 per cent from its 52-week low of Rs 25.10 per share. This Small-Cap stock should be kept under radar.  

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