TRF rose 2.51% to Rs 387.90 at 10:43 IST on BSE after the company said it received an order worth Rs 73.90 crore from BHEL ISG Bangalore.
The announcement was made after market hours yesterday, 11 August 2015.
Meanwhile, the BSE Sensex was down 114.49 points, or 0.41%, to 27,751.60.
On BSE, so far 4,959 shares were traded in the counter, compared with an average volume of 22,294 shares in the past one quarter.
The stock hit a high of Rs 389 and a low of Rs 380.70 so far during the day. The stock hit a 52-week high of Rs 491 on 16 July 2015. The stock hit a 52-week low of Rs 213.60 on 14 August 2014.
The stock had underperformed the market over the past one month till 11 August 2015, falling 15.93% compared with 0.74% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 3.84% as against Sensex's 1.30% rise.
The small-cap company has an equity capital of Rs 11 crore. Face value per share is Rs 10.
The order from BHEL ISG Bangalore calls for designing, engineering, manufacturing, supplying, erecting and commissioning of stacker cum reclaimer package for 1X800 megawatts Kothagudem TPS (Thermal Power Station), stage-VII, unit-12 and 4X270 megawatts Bhadradri TPS.
On a consolidated basis, TRF reported net profit of Rs 20.64 crore in Q3 December 2014 as against net loss of Rs 17.45 crore in Q3 December 2013. Net sales rose 9.77% to Rs 260.04 crore in Q3 December 2014 over Q3 December 2013.
TRF is part of the Tata Group of Companies which consists of more than 90 enterprises operating in seven business sectors, in over 80 countries. TRF is a pioneer in solutions for material handling equipment and processing systems required in the infrastructure development. TRF has also diversified into automotive applications business.
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