India, Jan. 8 -- During Thursday's trading session, shares of a prominent player in the manufacturing of transformers & reactors in India tumbled over 11 percent on BSE, despite reporting Q3 FY26 results with a rise in net profit by around 103 percent QoQ and 37 percent YoY.

At 03:10 p.m., shares of Transformers and Rectifiers (India) Limited were trading in the red at Rs. 292.9 on BSE, down by around 9 percent, compared to its previous closing price of Rs. 321.25, with a market cap of Rs. 8,849 crores. The stock has delivered negative returns of over 54 percent in the last one year, but has gained by around 19 percent in the last one month.

What's the News: Transformers and Rectifiers (India) Limited (TARIL) announced the financial res...