Transformers and Rectifiers secures ₹1,000 cr order
pre-market1 source ↓written by the desknot a recommendation
- from Power Grid
- ₹1,000 crore
Transformers and Rectifiers (India) Limited announced it has secured an ultra mega order worth over ₹1,000 crore from Power Grid Corporation of India Ltd (PGCIL). The order involves the manufacturing of transformers of various ratings along with associated work.
This significant contract is expected to enhance the company's revenue stream and strengthen its position in the power sector, potentially boosting market sentiment around its stock.
Not investment advice. For informational purposes only.