New Delhi, Feb. 20 -- Shares of Transformers & Rectifiers India (TRIL), a leading transformer manufacturer, were locked in the 5% upper circuit limit for the second straight day on February 20, reaching Rs.405 apiece.
The uptick in shares followed a domestic order for the supply of transformers worth Rs.166.45 crore. On Tuesday, the company informed investors through an exchange filing that it had secured an order from Hyosung T&D India Private Limited for the supply of single-phase coupling transformers and single-phase transformers for TBCB projects, which will be delivered by the next financial year.
This is the second order for the company in a month. In mid-January, the company bagged an order worth Rs.362 crore from multiple clien...
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