Transformers and Rectifiers (India) Share Price | The company has posted 250 percent jump in its consolidated net profit at Rs 55.48 crore in the September-December quarter, while revenue from operations rose 51% year-over-year to Rs 559.4 crore.
Stocks To Watch, Feb 19: Stocks like Indian Overseas Bank, Larsen & Toubro, Container Corporation of India, Cello World, RBM Infracon, Bharti Airtel, Voler Car, PS Raj Steels, and Maxvolt Energy Industries will be in focus on February 19.
Stocks To Watch, Feb 18: Stocks like Uno Minda, Deepak Fertilisers and Petrochemicals Corporation, SBI Cards and Payment Services, GMR Airports, Allcargo Terminals, Suraksha Diagnostic, Anant Raj, Karnataka Bank ,Transformers and Rectifiers India, Vikas Lifecare, Ajax Engineering, Nazara Technologies, and TVS Supply Chain Solutions will be in focus on February 18.
Transformers and Rectifiers Q3 results: Revenue from operations rises 51% YoY to Rs 559.4 crore
Sources said that Transformers and Rectifiers (India) will likely raise Rs 500 crore through the QIP.
Transformers and Rectifiers India's strategic initiatives shall power its profitability and growth, noted Nuvama.
The share touched a 52-week high of Rs 397.20 and a 52-week low of Rs 53.00 on 25 January, 2024 and 27 March, 2023, respectively.
The stronger bullish momentum on the Nifty50 can be only witnessed above 19,750-19,850-zone.