Net profit of Transformers & Rectifiers India reported to Rs 0.76 crore in the quarter ended September 2019 as against net loss of Rs 0.99 crore during the previous quarter ended September 2018. Sales declined 19.40% to Rs 153.94 crore in the quarter ended September 2019 as against Rs 190.99 crore during the previous quarter ended September 2018.

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Transformers & Rectifiers India will hold a meeting of the Board of Directors of the Company on 14 November 2019.

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Riddhi Corporate Services Ltd, Super Spinning Mills Ltd, Inspirisys Solutions Ltd and Smartlink Holdings Ltd are among the other gainers in the BSE's 'B' group today, 10 October 2019.

Transformers & Rectifiers India Ltd soared 16.91% to Rs 8.16 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 79180 shares were traded on the counter so far as against the average daily volumes of 14399 shares in the past one month.

Riddhi Corporate Services Ltd spiked 11.11% to Rs 73. The stock was the second biggest gainer in 'B' group. On the BSE, 11 shares were traded on the counter so far as against the average daily volumes of 1465 shares in the past one month.

Super Spinning Mills Ltd surged 10.31% to Rs 4.6. The stock was the third biggest gainer in 'B' group. On the BSE, 25047 shares were traded on the counter so far as against the average daily volumes of 7954 shares in the past one month.

Inspirisys Solutions Ltd spurt 10.27% to Rs 46.7. The stock was the fourth biggest gainer in 'B' group. On the BSE, 20 shares were traded on the counter so far as against the average daily volumes of 1432 shares in the past one month.

Smartlink Holdings Ltd rose 10.00% to Rs 77. The stock was the fifth biggest gainer in 'B' group. On the BSE, 155 shares were traded on the counter so far as against the average daily volumes of 687 shares in the past one month.

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TRIL said it bagged the order for 21 transformers worth Rs 126 crore from Power Grid Corporation of India. The said order falls under the normal course of business.

With this order, the company's order book as on date stands at around Rs 1001 crore.

Meanwhile, the S&P BSE Sensex was down 108 points or 0.28% to 38070.33.

On the BSE, 66192 shares were traded in the counter so far compared with average daily volumes of 10214 shares in the past one quarter. The stock hit a high of Rs 8.37 and a low of Rs 7.1 so far during the day.

The stock hit a 52-week high of Rs 17.5 on 13 Nov 2018. The stock hit a 52-week low of Rs 6.75 on 09 Oct 2019.

On a consolidated basis, the company's net profit fell 81.39% to Rs 0.43 crore on 23.6% decline in net sales to Rs 173.05 crore in Q1 June 2019 over Q1 June 2018.

Transformers & Rectifiers (I) has consolidated its position in the Indian Transformer Industry as a manufacturer of a wide range of transformers, which conform to the quality expectations of both the domestic and the international market.

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