Economic Times31 August 2026

Transformers and Rectifiers shares rally 8% after receiving order worth up to Rs 500 crore from MEIL

Transformers and Rectifiers shares rally 8% after receiving order worth up to  Rs 500 crore from MEIL

Transformers and Rectifiers shares rallied on Monday after the company secured a large order from MEIL for manufacturing transformers and related work. Valued at Rs 100 crore to Rs 500 crore, excluding GST, the order is scheduled for execution over 35 months and is expected to strengthen the company’s order pipeline.

Transformers and Rectifiers shares rallied on Monday after the company secured a large order from MEIL for manufacturing transformers and related work. Valued at Rs 100 crore to Rs 500 crore, excluding GST, the order is scheduled for execution over 35 months and is expected to strengthen the company’s order pipeline.

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