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Transformers & Rectifiers India Ltd News

Can the June 2024 quarter corporate earnings disappoint markets?

Disconnect between earnings growth and stock prices, Bernstein said, is even more visible in the small-and mid-cap (SMID) universe

Can the June 2024 quarter corporate earnings disappoint markets?
Updated On : 04 Jul 2024 | 10:00 AM IST

This Madhuri Kela-owned stock has surged 59% in 12 days; up 729% in 1 year

Transformers and Rectifiers (India) hit the 5 per cent upper circuit on Tuesday after the company reported 4-fold jump in Q4 net profit at Rs 35.95 crore.

This Madhuri Kela-owned stock has surged 59% in 12 days; up 729% in 1 year
Updated On : 09 Apr 2024 | 11:34 AM IST

Transformers and Rectifiers Q4 results: Profit jumps 4-fold to Rs 42 cr

Transformers and Rectifiers (India) Ltd on Monday posted over four-fold jump in consolidated net profit at Rs 41.62 crore for March quarter FY24. Net profit in the year-ago period stood at Rs 9.60 crore, the company said in a BSE filing. Total income in the quarter rose to Rs 514 crore from Rs 439.50 crore a year ago. In the entire fiscal year, profit increased to Rs 47.01 crore from Rs 42.35 crore in FY23. Total income dipped to Rs 1,300.50 crore from Rs 1,404.66 crore. The company's board at its meeting held on April 8, 2024 recommended a dividend of 20 paise per equity share to all the existing shareholders. The board also proposed issuance of equity shares, and/or equity linked securities and/or securities convertible into equity shares through Qualified Institutional Placement (QIP) or preferential allotment to raise up to Rs 500 crore. It also approved reappointment of Satyen J. Mamtora as Managing Director with effect fom from April 1, 2025, subject to approval of

Transformers and Rectifiers Q4 results: Profit jumps 4-fold to Rs 42 cr
Updated On : 08 Apr 2024 | 5:36 PM IST

SJVN, ITDC, HUDCO, NBCC, MMTC and 513 other stocks freeze at lower circuits

Dhunseri Ventures, WPIL, Jai Corp, Jai Balaji, Waaree Renewable, Apollo Micro, Newgen Software, KPI Green, TRIL and Suzlon Energy were non-CPSEs which were locked in their 5 per cent down circuits

SJVN, ITDC, HUDCO, NBCC, MMTC and 513 other stocks freeze at lower circuits
Updated On : 12 Feb 2024 | 2:14 PM IST

TRIL freezes at 20% upper limit; hits new high on healthy business outlook

The company had a strong order book position of Rs 2,572 crore as on December 31, 2023 (Q3FY24).

TRIL freezes at 20% upper limit; hits new high on healthy business outlook
Updated On : 24 Jan 2024 | 3:05 PM IST