Multibagger transformer stock jumps 18.4 per cent after declaring an unexecuted order book of Rs 236.69 crore

On Thursday, shares of Star Delta Transformers Ltd jumped 18.4 per cent to Rs 680 per share from its previous closing of Rs 574.40 per share. The stock’s 52-week high is Rs 1,295.60 per share and its 52-week low is Rs 482.05 per share. The shares of the company saw a spurt in volume by more than 10 times on the BSE.

Star Delta Transformers Limited has reported a strong unexecuted order book valued at approximately Rs 236.69 crore, inclusive of GST. These orders, which are part of the company's normal business operations, do not involve any related parties. The company emphasises its commitment to providing high-quality transformers and services, a focus that has helped it become a leading manufacturer in the industry. The significant order book size reflects the company's continued growth and strong market position.

Star Delta Transformers Ltd (SDTL), an ISO 9001-2008 certified company, is a prominent manufacturer and distributor of power and distribution transformers. The company offers a wide range of products, including specialised and custom-built transformers such as auto, converter, earthing, furnace, and rectifier transformers. SDTL's services extend beyond manufacturing to include supplying, erecting, testing, and commissioning. Its products are manufactured in compliance with international standards like IEC–76, BS-171 & IS-2026, with transformers up to 16MVA having been successfully type-tested at the Central Power Research Institute (CPRI).

The company has a market cap of Rs 194 crore and has delivered good profit growth of 20 CAGR over the last 5 years. The stock is up by 41 per cent from its 52-week low of Rs 482.05 per share and has given multibagger returns of 550 per cent in 2 years.

Disclaimer: The article is for informational purposes only and not investment advice.