Transformers and Rectifiers (India) Ltd

Transformers & Rectifiers India Ltd. is up 3.03% to Rs 300.85, extending recent gains and adding to a 1.02% increase over the last week. Transformers and Rectifiers (India) Limited announced it has received a Letter of Intent (LOI) from Transmission Corporation of Andhra Pradesh Limited (APTRANSCO) for the manufacturing of transformers and related work, with a project value classified as a “Large Order” up to Rs 100 Cr, to be executed within the next 13 months. The order falls within the normal course of business and does not constitute a related party transaction, according to a filing on August 14, 2026. Transformers & Rectifiers India Ltd. shares saw a trading volume of 22.63 lakh today, representing a significant increase of 116.55% over the average volume of the past week. Transformers & Rectifiers India Ltd. has declined by 40.51% year-over-year, underperforming the NIFTY50 index's loss of 0.91%.

Net profit of Transformers & Rectifiers India declined 8.66% to Rs 61.52 crore in the quarter ended June 2026 as against Rs 67.35 crore during the previous quarter ended June 2025. Sales rose 8.13% to Rs 572.34 crore in the quarter ended June 2026 as against Rs 529.33 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales572.34529.33 8 OPM %16.3116.66 - PBDT94.8598.03 -3 PBT88.0390.48 -3 NP61.5267.35 -9 Powered by Capital Market - Live

Transformers & Rectifiers India will hold a meeting of the Board of Directors of the Company on 20 July 2026.

The company classified the contract as an Ultra Mega Order, which, as per its project classification, refers to orders valued at Rs 1,000 crore and above (excluding GST). However, the exact contract value has not been disclosed. The contract has been awarded by a domestic entity and is scheduled to be executed over the next 30 months, in accordance with the terms and conditions specified in the NOAs. The company said it remains committed to delivering high-quality products and services and has established itself as one of the country's leading transformer manufacturers over time. The company further clarified that neither its promoter nor promoter group has any interest in PGCIL, and the contract does not constitute a related-party transaction. Transformers and Rectifiers (India) is a leading manufacturer of transformers and reactors. It caters to power generation, transmission, distribution, and industrial sectors on a B2B model. The company's consolidated net profit declined 5.2% to Rs 89.28 crore despite a 15.7% increase in revenue from operations to Rs 782.67 crore in Q4 FY26 over Q4 FY25.Powered by Capital Market - Live

Transformers & Rectifiers India has received Notifications of Awards (NOAs) from Power Grid Corporation of India for manufacturing transformers of various ratings, along with all associated work. According to the company's project classification, the orders are classified as Ultra Mega orders valued at Rs 1,000 crore and above.

Berger Paints India Ltd, New India Assurance Company Ltd, Piramal Finance Ltd, Leela Palaces Hotels & Resorts Ltd are among the other stocks to see a surge in volumes on NSE today, 19 June 2026.Transformers & Rectifiers India Ltd registered volume of 358.29 lakh shares by 14:14 IST on NSE, a 18 fold spurt over two-week average daily volume of 19.90 lakh shares. The stock rose 10.57% to Rs.359.20. Volumes stood at 19.64 lakh shares in the last session.Berger Paints India Ltd clocked volume of 52.96 lakh shares by 14:14 IST on NSE, a 14.28 times surge over two-week average daily volume of 3.71 lakh shares. The stock gained 7.97% to Rs.545.30. Volumes stood at 2.6 lakh shares in the last session.New India Assurance Company Ltd clocked volume of 921.99 lakh shares by 14:14 IST on NSE, a 8.89 times surge over two-week average daily volume of 103.68 lakh shares. The stock gained 14.12% to Rs.203.90. Volumes stood at 861 lakh shares in the last session.Piramal Finance Ltd witnessed volume of 16.98 lakh shares by 14:14 IST on NSE, a 6.75 times surge over two-week average daily volume of 2.52 lakh shares. The stock increased 7.15% to Rs.2,141.30. Volumes stood at 2.36 lakh shares in the last session.Leela Palaces Hotels & Resorts Ltd registered volume of 29.18 lakh shares by 14:14 IST on NSE, a 5.44 fold spurt over two-week average daily volume of 5.36 lakh shares. The stock rose 8.39% to Rs.496.00. Volumes stood at 2.25 lakh shares in the last session.

Transformers & Rectifiers India has secured an order of Rs 228.26 crore from Gujarat Energy Transmission Corporation (GETCO) for supply of 6 nos. of transformers and 2 nos. of reactors.

Transformers & Rectifiers India has secured an order of Rs 175 crore from Bhanwariya Infra Projects for supply of 4 nos. of transformers and 5 nos. of reactors.

Transformers & Rectifiers (India) has secured an export 0rder of USD 16,258,352 (equivalent to approx. Rs. 150 crore) from PDC AK LPIV, LLC for supply of five transformers.

The key equity indices traded with significant losses in mid-afternoon trade as Donald Trump announced an extension of the ceasefire until Iranian leaders submit a unified proposal. Investor sentiment remained cautious amid uncertainty surrounding the deadline for the ceasefire in the West Asia conflict. Crude oil prices touched $100 per-barrel mark. However, market participants will track Q4 earnings. The Nifty slipped below the 24,450 mark. FMCG shares witnessed buying demand for the second consecutive trading sessions. At 14:25 IST, the barometer index, the S&P BSE Sensex declined 664.82 points or 0.86% to 78,592.66. The Nifty 50 index slumped 162.30 points or 0.66% to 24,413.25. The broader market outperformed the frontline indices. The BSE 150 MidCap Index added 0.33% and the BSE 250 SmallCap Index jumped 0.87%. The market breadth was positive. On the BSE, 2,382 shares rose and 1,790 shares fell. A total of 182 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 4.03% to 18.24. Economy: The credit rating agency, Moody has lowered India's FY27 GDP growth forecast to 6% from 6.8%. The downgrade reflects weak consumption, slower industrial output and rising energy costs due to West Asia tensions. Higher oil and gas prices may increase import bills and push up inflation. India's dependence on Middle East energy and fertiliser imports adds to the risk. Elevated costs could hurt margins of sectors like aviation, cement and chemicals. The government may also face pressure on subsidies and fiscal balance. However, strong forex reserves, resilient services exports and ongoing infrastructure spending are expected to provide some support. Buzzing Index: The Nifty FMCG index jumped 0.85% to 51,252.85. The index jumped 3.42% in the three consecutive trading sessions. Emami (up 3.98%), Tata Consumer Products (up 3.65%), Hindustan Unilever (up 2.67%), United Spirits (up 2.37%), Varun Beverages (up 2.25%), Dabur India (up 2.04%), Godrej Consumer Products (up 1.84%), Marico (up 1.67%), Nestle India (up 1.46%) and Patanjali Foods (up 1.41%) surged. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 0.23% to 6.907 compared with previous session close of 6.891. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 93.8550 compared with its close of 93.4400 during the previous trading session. MCX Gold futures for 5 June 2026 settlement advanced 1.10% to Rs 153,341. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.07% to 98.32. The United States 10-year bond yield added 0.05% to 4.293. In the commodities market, Brent crude for June 2026 settlement surged $1.61 or 1.63% to $100.09 a barrel. Stocks in Spotlight: Transformers & Rectifiers India declined 6.83% after the company's consolidated net profit declined 5.2% to Rs 89.28 crore despite 15.7% increase in revenue from operations to Rs 782.67 crore in Q4 FY26 over Q4 FY25. Maharashtra Scooters fell 0.34%. The company reported a 92.23% decline in standalone net profit to Rs 4.01 crore in Q4 FY26 as against Rs 51.63 crore in Q4 FY25. Total income slipped 3.55% year-on-year (YoY) to Rs 6.51 crore in Q4 FY26 Larsen & Toubro declined 1.19%. The company announced that its wholly-owned subsidiary L&T Energy GreenTech (LTEGL) has entered into a long-term partnership with Japan's ITOCHU Corporation for the supply of green ammonia. Under the agreement, LTEGL will supply 300,000 tonnes per annum of green ammonia on a captive, long-term take-or-pay basis from its proposed production facility at Kandla, Gujarat.