Transformers and Rectifiers Shares Rally 30% in Two Sessions: Here’s What’s Driving the Surge
Transformers and Rectifiers shares jumped 30% in two sessions, rebounding from a 52-week low amid value buying and a fresh Power Grid order.
Transformers and Rectifiers stock surges sharply after strong value buying and a new Power Grid contract boost investor sentiment.
The stock of Transformers and Rectifiers (India) Ltd has sharply rebounded, skyrocketing almost 30% within only two trading sessions after reaching a new 52-week bottom earlier this month. The price of the stock in the market increased a whopping 11% during the day on December 15, and the stock price reached ₹312, thus marking the second consecutive day of price increase.
The uptrend is a result of the stock having reached its lowest price of ₹230 on December 11, which prompted some investors to enter or increase their holdings in the stock. Market participants appear to be accumulating the stock following the steep correction it had seen in recent weeks.
However, not all has been unfavorable for the shares of Transformers and Rectifiers, which have faced selling pressure during the longer time frame. The share price is down roughly 8% for the last 30 days and has been losing almost 50% of its worth in the year 2025 already. The previous drop in share price was majorly driven by the company's quarterly results coming in below expectations, which turned the investors off.
On December 4, the company managed to clinch a ₹53-crore order from Power Grid Corporation of India that contributed to the positive momentum.The fresh order win has improved outlook sentiment, supporting the ongoing rebound in the stock.
Market experts note that while the short-term rally has been driven by bargain hunting and positive order flow, sustained upside will depend on the company’s execution performance and improvement in financial metrics going forward.
