Multibagger stock Transformers and Rectifiers gains 8% on ₹726 crore order win
Transformers and Rectifiers share price surged by 8% during Monday's trading session after the company obtained orders totaling ₹726 crore for the provision of auto transformers and bus reactors from Gujarat Energy Transmission Corporation. The statement indicated that Transformers and Rectifiers has acquired orders worth ₹726 crore from Gujarat Energy Transmission Corporation Ltd. Transformers and Rectifiers share price today Transformers and Rectifiers share price today opened at ₹384.25 apiece on the BSE, the stock touched an intraday high of ₹405 per share, and an intraday low of ₹374. Anshul Jain, Head of Research at Lakshmishree Investment and Securities explained that Transformers and Rectifiers share price is forming a bearish rectangle pattern, consolidating within a ₹366-475 range.
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