Transformer Stock Jumps 18% After Reporting 180% Net Profit Growth in Q2; Rs2,711 Crore Order Book Explained
India, Nov. 3 -- The shares of the Small-cap company, which specializes in the manufacturing of high-voltage electrical transformers and providing end-to-end Engineering, Procurement, and Construction (EPC) services for power transmission systems, are in the spotlight as they have rallied 18 percent in today's trade after its Q2 results and strong order book.
With a market capitalization of Rs. 9,169.84 crores in the day's trade, the shares of Kanohar Electricals Ltd jumped upto 17.7 percent, reaching a high of Rs. 1,165.90 per share compared to its previous closing price of Rs. 990.10 per share.
Q2 Results
Revenue from Operations increased by 112.4 percent YoY, from Rs. 98.2 crore in Q2 FY26 to Rs. 208.6 crore in Q2 FY27. It also inc...
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