BSEAlfa Transformers LtdHighPositive
Announced Mon, 1 Jun · 17:39 IST

Company has received a Letter of Award (LOA) from Madhya Gujarat Vij Company Ltd, dated 27th May, 2026 for 12000 nos of 11 KVA (Aluminium Wound) CRGO / Amorphous Transformers under CPP ....

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Price reaction · full curve 14 horizons · vs prior close
+5.7%1-day move
₹42.65
prior close
₹42.65
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AI summary

Alfa Transformers Ltd has received a Letter of Award from Madhya Gujarat Vij Company Ltd (MGVCL), a Gujarat state-owned power distribution utility, for the supply of 12,000 units of 11 KV / 0.433 KV 3 Phase 10 KVA Aluminium Wound CRGO/Amorphous Distribution Transformers under a CPP tender. The total order value is Rs. 63 Crores, to be executed during FY 2026-27, with delivery in 7 equal monthly lots starting 45 days after individual LOAs from respective DISCOMs. The order has been awarded on behalf of all Gujarat DISCOMs (DGVCL, UGVCL, PGVCL, and MGVCL), and pricing includes an IEEMA price variation clause. The order is domestic with no related party interest.

Likely market impact

This Rs. 63 Crore order from a state-owned utility provides strong revenue visibility for FY27 and is positive for the stock, signaling business traction from government power distribution customers. Investors should monitor timely execution and dispatch milestones.