Transformers and Rectifiers(India) Ltd up by 10.77 percent | Espresso

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Espresso Shot of the Day - Transformers and Rectifiers(India) Ltd up by 10.77 percent

January 11, 2023
Espresso Shot of the Day - Transformers and Rectifiers(India) Ltd up by 10.77 percent

TRANSFORMERS AND RECTIFIERS (INDIA) LTD 70.95  (+10.77%) BSE – INE763I01026 | 11th January 2023

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Transformer & Rectifier (India) company is one of the leading manufacturers having three different manufacturing facilities in Moraiya, Changodar and Odhav situated in the western part of India and is the 3rd largest manufacturer in India with a total installed capacity of 36000 MVA. The company has the capacity to manufacture Power Transformers of up to 1000 MVA, 1200 kV Class, Distribution Transformers from 315 kVA and above, Furnace Transformers of up to 120 kA, a Rectifier Transformer of up to 160 kA DC, Reactors of up to 765 kV, etc. TRIL Ltd has captured 10% total market share of Power Transformers and 50% total market share of furnace transformers in India with its’ work force of over 1200 employees.


Recent Drivers

  • On January 11,2023, Shares of Transformer and Rectifier India (TRIL) hit a multi-year high of Rs.70.75, as they rallied 10 per cent on the BSE in Wednesday’s intra-day trade amid heavy volumes on healthy growth outlook.
  • On December 30,2022, Transformers and Rectifiers (India) Ltd said it has secured new orders worth Rs. 123 from one of the central utilities. With the latest win, the company's order book now stands at Rs.1,513 crores, it said in a regulatory filing.
  • On November 11,2022, the company reported a net profit of Rs 11.50 crores in September 2022, up 141.6% from the Rs.4.76 crores in September 2021.
  • On November 11,2022, TRIL reported a net sale of Rs.307.46 crores in September 2022, up 15.1% from the Rs. 267.12 crores reported in September 2021.
  • Transformers and Rectifiers (India) Limited has received 2 (Two) orders of Transformers for total contract value amounting to Rs. 145 Crores from well-known Indian Companies, the company said on October 18,2022.
         (Sources: BSE, Money control, Business Standard)


Technical Force*

  • S&P BSE Small cap month till date loss by 0.44%.
  • Traded on new 52 week high value 71.80.
  • Spurt in volume by more than 5.29 times.
  • 3 months avg. BSE volume: 135,693
  • Quantity traded: 7,28,632| Deliverable quantity: 2,33,818 (32.09%)
  • Stock price jumped by more than 170 % from a one-year low level: 25.10 (June 20, 2022)
  • Daily RSI (14) is in near overbought territory today.
  • 52-week-high: 71.80| 52-week-low: 25.10.


Key Pivot (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

115.68

91.42

73.63

49.37

31.58

7.32

-

-

Fibonacci Pivot

91.42

75.35

65.43

59.04

49.37

39.70

33.30

23.38

7.32


Today’s Close

70.95

SMA

BSE

10 DAY

59.76

20 DAY

58.24

50 DAY

58.21

200 DAY

42.74


Some Key Ratios (Source: BSE)

Market Cap:  940.54 Crores

PE:  39.22

OPM%: 10.53

ROE%:  6.63

Promoters holding%: 74.91

Prev. Close:  64.05


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The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Espresso Financial Services Pvt. Ltd bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Espresso Financial Services Pvt. Limited is under no obligation to update the information in this document from time-to-time.


Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.