Goldman Sachs Portfolio Stock Secures Rs 228 Crore GETCO Order; Share Price Jumps 2%

On Friday, the Indian equity benchmarks traded higher during the morning session, with the benchmark Nifty 50 index rising 0.55 per cent to 23,785.70. Power transmission and electrical equipment stocks remained in focus amid fresh order inflows from state utilities. In this segment, Transformers-rectifiers-india-ltd-200019">Transformers and Rectifiers India (TRIL)  gained 2 per cent to Rs 311.15 after the company announced a new domestic order worth Rs 228.26 crore from Gujarat Energy Transmission Corporation Limited (GETCO).

Transformers & Rectifiers Secures Rs 228 Crore GETCO Order

Transformers and Rectifiers (India) Limited informed exchanges that it has secured a domestic order valued at Rs 228.26 crore from Gujarat Energy Transmission Corporation Limited (GETCO).

The scope of the contract includes manufacturing and supply of six transformers and two reactors along with associated works. The company stated that execution of the order is scheduled on or before August 2028.

Order To Strengthen Transmission Business Pipeline

The company stated that the order has been received in the normal course of business and further strengthens its domestic order pipeline in the power transmission equipment segment.

Transformers and reactors are key components used in transmission infrastructure for voltage regulation and stable power flow across electricity grids. The latest order provides medium-term revenue visibility through phased execution extending over the next two years.

The company clarified that neither the promoter nor promoter group companies have any interest in the awarding entity and the contract does not fall under related party transactions.

Shareholding And Stock Performance

As of May 22, 2026, shares of Transformers & Rectifiers (India) Ltd were trading at Rs 311.15 compared to the previous close of Rs 305.05, reflecting a gain of 2 per cent during the session.

The stock has declined around 39.05 per cent over the past one year, while it delivered returns of around 776.96 per cent over the past three years. The stock’s 52-week high and low stood at Rs 558.70 and Rs 230.20 respectively.

Foreign institutional investor holding increased to 8.33 per cent from 7.01 per cent, while domestic institutional investor holding declined to 1.77 per cent from 4.18 per cent.

About Transformers & Rectifiers (India)

Transformers and Rectifiers (India) Limited is engaged in manufacturing transformers and related electrical equipment used in power transmission and distribution infrastructure. The company supplies critical grid components to utilities and industrial customers across India. Goldman Sachs India Equity Portfolio held a 1.21 per cent stake in the company during Q4FY26.

What are your views on Transformers & Rectifiers’ latest GETCO order and the outlook for India’s transmission infrastructure sector? Share your thoughts in the comments below.
Disclaimer: This article is for informational purposes only and not investment advice.