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TRIL gains on new order win

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Capital Market
Last Updated : Aug 26 2013 | 1:00 PM IST

Transformers and Rectifiers (India) advanced 4.35% to Rs 63.60 at 12:26 IST on BSE after the company said it has received order of Rs 126 crore from Gujarat Energy Transmission Corporation.

The company announced the new order win during trading hours today, 26 August 2013.

Meanwhile, the BSE Sensex was up 106.02 points, or 0.57%, to 18,614.28

On BSE, 1,135 shares were traded in the counter as against an average daily volume of 3,762 shares in the past one quarter.

The stock hit a high of Rs 63.95 and a low of Rs 61.20 so far during the day. The stock had hit a 52-week high of Rs 156.81 on 10 October 2012 and a 52-week low of Rs 57.50 on 7 August 2013.

The stock had underperformed the market over the past one month till 23 August 2013, falling 22.7% compared with the Sensex's 8.78% fall. The scrip also underperformed the market in past one quarter, sliding 36.24% as against Sensex's 5.87% fall.

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The small-cap power equipment maker has an equity capital of Rs 13.26 crore. Face value per share is Rs 10.

Transformers and Rectifiers (India) (TRIL) said the company has been awarded the order for supply of various voltage class transformers ranging from 132 KV class to 400 KV class transformers aggregating to 3935 MVA and amounting to Rs 126 crore from Gujarat Energy Transmission Corporation (GETCO). With this order, the company's order book as on date stands at Rs 733 crore.

TRIL reported net loss of Rs 8.93 crore in Q1 June 2013 as compared to net profit of Rs 0.72 crore in Q1 June 2012. Net sales fell 1.6% to Rs 83.04 crore in Q1 June 2013 over Q1 June 2012.

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First Published: Aug 26 2013 | 12:35 PM IST

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