1:10 Stock Split, 1:9 Bonus Issue: Multibagger Power Stock Bags Order From Power Grid

Small cap company from the power sector, Transformers And Rectifiers (India) Ltd (TRIL) on Saturday informed that it has been awarded orders worth Rs 232 crore from Maharatna status player Power Grid Corporation of India Limited.

Transformers And Rectifiers shares will react to the development on Monday when stock market opens for trading. Last trading price of Transformers And Rectifiers shares on BSE is Rs 341.60 apiece with intraday fall of 0.99%. TRIL shares offered investors return of 188% in last 6-months and 475% in last 1-year. Check details below:

Transformers And Rectifiers (India) Ltd Bags Order From Maharatna Power Grid: As per the BSE filing of the company dated February 24, 2024, "Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Transformers and Rectifiers (India) Limited has been awarded orders of total contract value of Rs. 232 Crores from Power Grid Corporation of India Limited." The time period by which the order needs to be executed will be 21 months from the date of issue of notification of award.

It will include Designing, Engineering, Manufacture, testing at Manufacturers works and supply of 5 Nos of 500 MVA, 400/220/33kV, 3- Phase ICT, 5 Nos of 500 MVA 400/220/33kV, 3-Phase Auto Transformers along with all fitting, accessories for complete execution and Local Transportation, In Transit Insurance, Loading and uploading & Installation Services."

Transformers And Rectifiers (India) Ltd Shares Performance & Return: The 52-week high price of TRIL shares BSE is Rs 397.20 apiece and 52-week low price is Rs 53.00 apiece, respectively. The company has a market capitalisation of Rs 4869.99 crore. Transformers & Rectifiers (India) shares gained 834% in last 2-years, soared 1933% in last 3-years, and offered return of 3062% in last 5-years. In last 10-years, Transformers And Rectifiers (India) stock rallied 4240%.

Transformers And Rectifiers (India) Bonus Share History: The last bonus that Transformers and Rectifiers India declared was in 2013 in the proportion of 1:9. TRIL shares traded ex-bonus on June 14, 2013.

Transformers And Rectifiers (India) Stock Split History: TRIL split the face value of its shares 1 time since September 28, 2017. Transformers & Rectifiers (India) shares split the face value of its shares from Rs 10 to Re 1 in 2017. Transformers And Rectifiers shares traded ex-split on September 28, 2017.

Transformers And Rectifiers About: Incorporated in 1994, Transformers & Rectifiers (I) Limited has consolidated its position in the Indian Transformer Industry as a manufacturer of a wide range of transformers, which conform to the quality expectations of both the domestic and the international market, according to its official website.

Disclaimer: The stock just highlights order win from Power Grid and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.