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Transformers Standalone September 2025 Net Sales at Rs 428.42 crore, down 3.93% Y-o-Y

Mangal Electricals IPO: Will it offer electrifying returns to investors?

The company is ramping up capacity & diversifying portfolio, though the valuation captures much of the optimism

Transformers Consolidated June 2025 Net Sales at Rs 529.33 crore, up 64.39% Y-o-Y

Transformers Standalone June 2025 Net Sales at Rs 510.53 crore, up 63.85% Y-o-Y

Transformers Consolidated March 2025 Net Sales at Rs 676.48 crore, up 31.94% Y-o-Y

Transformers Standalone March 2025 Net Sales at Rs 647.31 crore, up 29.39% Y-o-Y

Stocks to Watch Today: Biocon, Coforge, GE Vernova, Power Grid

Biocon Pharma has received US FDA approvals for Lenalidomide capsules and Dasatinib tablets, with tentative approval for Rivaroxaban tablets. Coforge has partnered with Sabre Corporation to accelerate product delivery and launch AI solutions. Adani Wilmar is acquiring 80% of GD Foods' 'Tops' brand in a multi-tranche deal. Ola Electric is addressing IFCI’s concerns over Milestone-1 non-achievement while engaging with authorities and progressing on its PLI ACC scheme agreement. GE Vernova T&D India has secured Rs 500 crore orders from Power Grid Corporation of India for transformers and reactors.

Budget 2025: Fast expansion of India’s power transmission network should take centre stage, say experts

While the push for the Green Energy Corridors is likely to continue, industry leaders said the government must focus on incentive schemes to promote domestic manufacturing of transmission equipment and extend the waiver on transmission charges for the renewable sector.

Transformers Consolidated December 2024 Net Sales at Rs 559.36 crore, up 51.44% Y-o-Y

Transformers Standalone December 2024 Net Sales at Rs 545.31 crore, up 49.28% Y-o-Y

India’s power ambitions could take a hit due to transformer steel shortage

India aims to add 80 GW of new thermal power capacity by 2032. Experts worry that factors such as global supply chain hiccups, copper price volatility and raw material shortages could hurt India’s scaling-up ambitions.