Transformers & Rectifiers India Ltd Shows Strong Market Momentum Amid Increased Trading Activity

May 13 2025 10:00 AM IST
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Transformers & Rectifiers India Ltd has shown strong trading activity, reaching its upper circuit limit with a notable intraday high. The stock has outperformed its sector and achieved consecutive gains over the past two days, with significant trading volume and turnover, indicating positive market momentum.
Transformers & Rectifiers India Ltd, a mid-cap player in the Capital Goods sector, has experienced significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 524.4, reflecting a notable increase of 4.39% during the trading session. The last traded price stands at Rs 502.35, marking an absolute change of Rs 23.9, or a 5% increase.

The stock has shown strong performance, outperforming its sector by 2.7% and achieving a consecutive gain over the last two days, with an overall return of 8.08% in this period. Today's trading volume reached approximately 1.20115 lakh shares, resulting in a turnover of Rs 6.03 crore.

In terms of moving averages, the stock is currently above the 5-day, 50-day, 100-day, and 200-day averages, although it remains below the 20-day moving average. Despite a decline in delivery volume, which fell by 56.59% against the 5-day average, the stock maintains sufficient liquidity for trading.

Overall, Transformers & Rectifiers India Ltd has demonstrated robust performance today, reflecting positive momentum in the market.
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