Transformers and Rectifiers (India), leading transformer manufacturing companies in India, announced that the company has been awarded the order amounting to Rs 1.24 billion from Gujarat Energy Transmission Corporation (GETCO). With this order, company's order book as on date stands around Rs 9 billion.
Earlier, the company announced that it has been awarded the third party export order amounting to Rs 4.40 billion.
Shares of the company gained Rs 11.8, or 4.53%, to trade at Rs 272.00. The total volume of shares traded was 16,275 at the BSE (11.42 a.m., Tuesday).