Transformers and Rect up over 9.5%
By
Research Desk
about 11 years ago
Transformers and Rectifiers is up over 9.5% at Rs.94.50, with an intra day high at Rs.96.90. Volumes are huge at over 9700 shares today morning compared to 2300 shares over past two weeks average.
The stock is up after it announced having received an order of 392 transformers amounting to Rs.296 crore from Gujarat Energy Transmission Corporation Limited (GETCO) to be executed in this fiscal. With this, total order book of the company has jumped above Rs.650 crore.