Voltamp Transformers Limited has informed the Exchange about Receiving of orders from Gujarat Energy Transmission Corporation Limited, for ₹85.05 Crore Appx. (inclusive of GST) for supply of various ratings of Power Transformers.
VOLTAMP · price
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Voltamp Transformers has received an order worth approximately ₹85.05 crore (inclusive of GST) from Gujarat Energy Transmission Corporation Limited (GETCO), a state government-owned power transmission utility. The order is for the supply of power transformers of various ratings. GETCO is responsible for transmitting electricity across Gujarat and regularly procures transformers for its network expansion. The contract adds meaningful revenue visibility to Voltamp's existing order book. Voltamp is a mid-cap manufacturer primarily focused on power and distribution transformers.
Positive for the company as it strengthens the order book and reflects continued demand from state power transmission utilities. Likely to support revenue in the coming quarters, though the stock reaction will depend on order size relative to total revenue and execution timeline.