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 market capitalization of Rs 13,866.91 crore, the shares of Transformers and Rectifiers (India) Limited … Continue reading Transformer stock jumps 5% after acquiring 51% stake in Posco Poggenamp Steel