TARIL bags Rs 103.45 Cr transformer order from Gujarat power utility
TARIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 20.9 pts less than Nifty Smallcap 250 and 20.9 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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TARIL has secured an order worth Rs 103.45 Crore from Gujarat Energy Transmission Corporation Limited (GETCO), a state government entity. The order is for manufacturing and supplying 54 transformers of various types, to be delivered by the next financial year. The order is domestic and not a related party transaction.
Positive order win from a state government utility, adding Rs 103.45 Cr to order book; boosts revenue visibility for next financial year.