The company secured the order from Hyosung T&D India and the delivery is scheduled for the next financial year
Various funds bought stakes in Transformers & Rectifiers after promoter Jitendra Mamtora sold 2.7 million shares
The Transformers and Rectifiers (India) Ltd share soared after the company announced that it has secured an order worth Rs 565 crore from Power Grid Corporation of India.
The surge in the company's share price came after the company received an order worth Rs 114 crore from RRVPNL.