Transformers and Rectifiers, on Wednesday, said that its board has approved a 1:1 bonus share, which means that investors will get one additional share for every share. Transformers and Rectifiers stock surged nearly 5 per cent to record high to ₹1,300 per share on Bombay Stock Exchange. In 2013, the company had issued one bonus share for every nine shares …
Shares of Transformers & Rectifiers India, one of the leading manufacturers of transformers, have skyrocketed 19.6% in today's trade to record a new lifetime high of ₹226 apiece. This impressive rally was attributed to the company's successful completion of a dynamic short circuit on 105 MVA Transformer. “Transformers and Rectifiers has successfully completed the most stringent ‘Dynamic Short Circuit Test’ …