Transformers & Rectifiers Shares Jump 6% on Securing Rs1,000+ Cr PGCIL Order
India, June 30 -- A leading Indian transformer and reactor manufacturer came into focus after disclosing that it had received Notifications of Award from Power Grid Corporation of India Limited (PGCIL) for the manufacture of transformers of various ratings. The company filed the disclosure with the exchanges on June 30, 2026, classifying the order under its highest disclosure bucket.
With a market capitalization of approximately Rs. 10,646.88 crore, the shares of Transformers and Rectifiers (India) Limited were trading at Rs. 354.70 per share, up 6.58 percent from its previous closing price of Rs. 332.80 apiece. It is trading at a P/E of approximately 36.70.
TARIL has received Notifications of Award from PGCIL covering the manufacture o...
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