'Transformers and Rectifiers' surges 16% after Q2 results

Transformers and Rectifiers shares jumped over 16% to ₹353 on Wednesday after reporting a 66% YoY rise in Q2 FY27 revenue to ₹709 crore. Net profit surged 338% to ₹75 crore, while EBITDA rose to ₹128.8 crore. The company reported an order book of ₹7,237 crore and maintained its FY27 revenue growth guidance of 25%.