Trending small-cap stock: This transformer manufacturer receives an order worth Rs 192 crore!

Praveenkumar Yadav
/ Categories: Trending, Mindshare
Trending small-cap stock: This transformer manufacturer receives an order worth Rs 192 crore!

Shares of this company jumped more than 22 per cent in the last 6 months.

Transformers and Rectifiers (India) Limited (T&R) has received orders of Rs 192 crore. The company in the exchange filing stated that with this order, the company’s order book to date stands at Rs 1691 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 63.76, with a high and low of Rs 67.15 and Rs 63.76. The stock previously closed at Rs 64.73. Currently, the stock is trading at Rs 65.19, up by 0.71 per cent.  

In the last six months, the shares of the company have given more than 22 per cent returns and on a YTD basis, the stock has given about 15 per cent returns.   

The stock has a 52-week high of Rs 82.25 and a 52-week low of Rs 25.10. The company has a ROCE of 10.4 per cent and an ROE of 4.01 per cent with a market capitalisation of Rs 864.32 crore. 

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