India’s transformer sector is rapidly expanding, driven by rising energy demand, renewable integration, and infrastructure modernization. The market size reached USD 2.44 billion in 2024 and is projected to grow at a CAGR of 8.08 percent, reaching USD 5.18...
The growing population and rapid industrialization have led to higher energy consumption, necessitating more transformer installations across urban and rural areas. With the Indian transformer market expected to grow at a CAGR of around 5.6 percent to 6.91 percent...
Indian exchanges saw volatility as Sensex fell 1,950.67 points and Nifty dropped 649 points in a week, amid mixed global cues. Transformers & Rectifiers India Ltd, with a market capitalization of ₹12,096.68 crore, traded at ₹403 per share, down 5% from its...
The shares of this smallcap power stock, engaged in manufacturing various kinds of transformers has jumped 4.5 percent after the company announced that it has acquired a 51 percent stake in Posco-Poggenamp Electrical Steel Private Limited (PPESPL) Price Action With a...
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