Fundamentally strong transformer stocks are now available at big discounts, giving investors a good chance to buy quality companies at lower prices. These firms have solid business models and strong growth potential. In this article, we look at five transformer stocks currently trading at attractive discounts of up to 39 percent.
Here are a few fundamentally strong Transformer stocks trading at a discount of up to 39 percent from their 52-week high
Voltamp Transformers Limited
With a market capitalization of Rs. 7,498 crore, the shares of Voltamp Transformers Limited closed at Rs. 7411.20 per equity share, rising nearly 2.79 percent from its previous day’s close price of Rs. 7,210.15.
Voltamp Transformers Limited is currently trading at a discount of 38.42 percent from its 52-week high of Rs. 12,035.05. Over the last five years, the stock has provided returns of more than 654.72 percent.
Voltamp Transformers Limited was established in 1963 and is a leading manufacturer based in Gujarat, India. The company designs and supplies oil-filled power, distribution, and dry-type transformers. It caters mainly to corporate sectors and utilities with energy-efficient transformer solutions across industries.
Danish Power Limited
With a market capitalization of Rs. 1,644.25 crore, the shares of Danish Power Limited closed at Rs. 835 per equity share, rising nearly 0.78 percent from its previous day’s close price of Rs. 828.55. Danish Power Limited is currently trading at a discount of 36.55 percent from its 52-week high of Rs. 1,316.
Danish Power Limited was established in July 1985 and manufactures transformers, control relay panels, and substation automation equipment. Based in Jaipur, it serves renewable energy sectors, including solar and wind power.
Vilas Transcore Limited
With a market capitalization of Rs. 1,109.19 crore, the shares of Vilas Transcore Limited closed at Rs. 453.10 per equity share, down nearly 0.74 percent from its previous day’s close price of Rs. 456.50. Vilas Transcore Limited is currently trading at a discount of 32.74 percent from its 52-week high of Rs. 673.70.
Vilas Transcore Limited was established in 1996 in Vadodara, India, and manufactures and supplies key transformer components like CRGO lamination cores, slit coils, wound cores, and toroidal cores for power distribution and transmission equipment makers in India and abroad.
Transformers & Rectifiers India Limited
With a market capitalization of Rs. 13,593.01 crore, the shares of Transformers & Rectifiers India Limited closed at Rs. 452.85 per equity share, down nearly 1.44 percent from its previous day’s close price of Rs. 459.45.
Transformers & Rectifiers India Limited is currently trading at a discount of 30.36 percent from its 52-week high of Rs. 650.23. Over the last five years, the stock has provided returns of more than 10,053.59 percent.
Transformers & Rectifiers India Limited was founded in 1994 and is based in Ahmedabad. The company produces power, distribution, furnace, and rectifier transformers and operates three manufacturing facilities and is a leading company in India, serving the electrical industry with advanced, ISO-certified products.
Shilchar Technologies Limited
With a market capitalization of Rs. 5,008.98 crore, the shares of Shilchar Technologies Limited closed at Rs. 4,378.40 per equity share, rising nearly 3.08 percent from its previous day’s close price of Rs. 4,247.40.
Shilchar Technologies Limited is currently trading at a discount of 28.52 percent from its 52-week high of Rs. 6,125. Over the last five years, the stock has provided returns of more than 6,842.13 percent.
Shilchar Technologies Limited was incorporated in 1986 in Vadodara, India, and manufactures electronics, telecom, power, and distribution transformers, including R-core, ferrite, and toroidal types, along with cut cores and EI laminations for global industries like utilities and renewables.
Written By – Nikhil Naik
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