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This Transformer stock Wins Rs 272 crore order from adani group

1 year ago
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Rising to New Heights: Cable Stock Set to Soar Debt-Free by FY25
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Transformers and Rectifiers India Ltd (TRIL) has won a ₹272 crore order from the Adani Group. This deal will boost TRIL’s order book and strengthen its market position.

After the announcement, TRIL’s stock surged as investors grew more confident in the company’s growth. This order adds to its recent wins, including ₹166.45 crore from Hyosung T&D India and ₹232 crore from Power Grid Corporation of India Ltd.

These deals have improved TRIL’s financial performance. In the quarter ending December 31, 2024, the company posted a ₹55 crore profit, up 252% from last year. Revenue rose 51.5% year-on-year, reaching ₹559.4 crore.

The ₹272 crore order from Adani will likely increase TRIL’s revenue and profits in the coming months. The company aims to expand in the power infrastructure sector and seize new opportunities.

With steady orders and strong financials, TRIL remains a key player in transformer manufacturing and is set for continued growth.

Tags: Adani

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