Transformers and Rectifiers stock rises 8% after order

Transformers and Rectifiers shares rose by 8% after the company secured a ₹726 crore order from Gujarat Energy Transmission Corporation. The order includes auto transformers and bus reactors. The project is set to be completed within 18 months from the issuance of the Letter of Intent. This order is part of the company's regular business operations and is not a related party transaction.