Transformers and Rectifiers Stock Surges Over 10% Following ₹150 Crore Export Order
Multibagger stock Transformers and Rectifiers zooms over 10% after receipt of ₹150 crore order
Mint
Image: Mint
Transformers and Rectifiers, an Indian company, saw its stock price increase by over 10% after securing a significant export order valued at ₹150 crore (approximately $16.26 million USD) from PDC AK LPIV LLC. This order, which involves the supply of five transformers, is expected to enhance the company's international market presence and order visibility.
- 01Stock price surged over 10% after securing a ₹150 crore export order.
- 02The order involves supplying five transformers to an international client.
- 03The company plans a ₹600 crore capital expenditure to boost production capacity.
- 04Despite recent profit declines, total income increased significantly.
- 05The stock has shown strong short-term momentum with a 50% return over three months.
Advertisement
In-Article Ad
Transformers and Rectifiers, a multibagger stock in India, experienced a 10% increase in share price on April 27, following the announcement of a ₹150 crore (approximately $16.26 million USD) export order from PDC AK LPIV LLC. The order entails the supply of five transformers and is set for completion by mid-2027, reflecting the company's growing international market presence. Despite a 3% decline in consolidated net profit to ₹91.39 crore for the March quarter of FY26, total income rose to ₹805.04 crore, up from ₹683.42 crore in the previous quarter. The company also plans to invest approximately ₹600 crore over the next 15 months to enhance production capacity. Currently, Transformers and Rectifiers holds an order book of ₹5,005 crore with inflows of ₹2,374 crore for FY26. The stock has shown remarkable performance, gaining over 29% in the past month and 50% over three months, despite a 31% decline over the past year. Analysts suggest that the stock's breakout from a bullish formation indicates a potential upward trajectory, with immediate targets set at ₹385 and further potential towards ₹414.
Advertisement
In-Article Ad
The new export order is expected to boost the company's production capacity and enhance job security for employees involved in manufacturing.
Advertisement
In-Article Ad
Reader Poll
Do you think Transformers and Rectifiers will continue to perform well in the stock market?
Connecting to poll...
Read the original article
Visit the source for the complete story.

