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Transformers and Rectifiers (India) Limited ( (IN:TARIL) ) has shared an announcement.
Transformers and Rectifiers (India) Limited has secured a domestic order worth Rs. 228.26 crore from Gujarat Energy Transmission Corporation Limited to manufacture six transformers and two reactors, with delivery scheduled on or before August 2028. The contract, which falls within the company’s normal course of business and is not a related-party transaction, strengthens its order book and underscores its role as a major supplier to state power transmission utilities.
The deal highlights continued investment in India’s grid infrastructure and reinforces the company’s standing in the power equipment market, potentially supporting revenue visibility over the medium term. By expanding its engagement with a key state transmission utility, the company further consolidates its presence in the domestic high-voltage equipment segment and validates its strategy of focusing on large, long-duration utility contracts.
More about Transformers and Rectifiers (India) Limited
Transformers and Rectifiers (India) Limited is a leading Indian manufacturer of power transformers and related electrical equipment, supplying utilities and infrastructure projects across the domestic market. The company focuses on delivering high-quality transformers and reactors, positioning itself as a key player in India’s power transmission and distribution sector.
Average Trading Volume: 322,239
Technical Sentiment Signal: Hold
Current Market Cap: 91.46B INR
See more data about TARIL stock on TipRanks’ Stock Analysis page.