Transformers & Rectifiers India Share Price Gains Over 2%; Secures ₹228.26 Crore Order from GETCO

Transformers and Rectifiers (India) Limited has announced the acquisition of a significant order valued at ₹228.26 crore from Gujarat Energy Transmission Corporation Limited (GETCO).
This development underscores the company's continued prominence in the transformer manufacturing sector.
Details of the ₹228.26 Crore Order
The order secured by Transformers and Rectifiers (India) Limited involves the manufacturing of 6 transformers and 2 reactors.
This contract has been awarded by a domestic entity, GETCO, and is part of the company's ongoing efforts to deliver high-quality products within the stipulated timeline.
The delivery of these transformers and reactors is scheduled for completion by August 2028, ensuring a structured timeline for execution.
The order falls under the normal course of business and does not constitute a related party transaction.
Significance of the Order
This order from GETCO highlights the trust and reliance placed on Transformers and Rectifiers (India) Limited's capabilities.
The company has established itself as a leading manufacturer in the industry, consistently delivering quality products.
Company's Commitment to Quality
Transformers and Rectifiers (India) Limited remains committed to maintaining high standards in manufacturing.
The company has no promoter or group company interest in GETCO, ensuring a transparent and straightforward business transaction.
Transformers and Rectifiers Share Price Performance
As of May 22, 2026, at 9:29 AM, Transformers and Rectifiers share price on NSE was trading at ₹313.50 up by 2.45% from the previous closing price.
Conclusion
The acquisition of this ₹228.26 crore order from GETCO by Transformers and Rectifiers (India) Limited is a testament to its robust position in the transformer manufacturing industry. The company continues to uphold its commitment to quality and timely delivery.
Track the stock market in Hindi. Visit Angel One News for the latest market trends, insights, and share market news in Hindi.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: May 22, 2026, 10:07 AM IST

Team Angel One
- Wipro Share Price in Focus as It Partners with CrowdStrike to Launch Cybersecurity Solution for AI-Accelerated Risks
- Shakti Pumps Share Price Gains Over 7%; Secures Empanelment for 10,000 Solar Pumps in Maharashtra
- Adani Ports Share Price Gains Over 4%; Receives LOA for Developing 2 Dry Bulk Berths at Paradip Port
- DCB Bank Share Price in Focus as RBI Approves ICICI Prudential AMC to Acquire Up to 9.95% Stake in Bank
- Jio Financial Services Share Price in Focus; Aims 100 Million Customer Base, Expands Product Offerings


