Multibagger Transformers & Rectifiers stock hits 5% upper circuit on stellar Q2 results, up 237% in CY24

Transformers & Rectifiers India saw a 5% increase in shares to ₹720, totaling a 21.5% gain over four days. The company reported a 1,274% rise in net profit and secured ₹1,031 crore in new orders, increasing its total order book to ₹3,500 crore.