New Delhi, Feb. 19 -- Transformers and Rectifiers share price gained over 2% in early trade on Wednesday after the company announced that it secured orders of Rs.166.45 crore. Transformers and Rectifiers shares gained as much as 2.42% to Rs.376.45 apiece on the BSE.

In a stock exchange filing on February 18, Transformers and Rectifiers (India) said it has secured orders worth Rs.166.45 crore from Hyosung T&D India for the supply of single-phase coupling transformers and single-phase transformers for TBCB projects.

The time period by which the order is to be executed and the delivery of transformers is to be done is by the next financial year.

"The Company is committed to delivering high-quality products and services and has established...