Alfa Transformers Secures Purchase Order Worth INR12.5 Million; Shares Drop 5%

MT Newswires Live
02-13

Alfa Transformers (BOM:517546) has received a purchase order worth 12.5 million Indian rupees from TP Western Odisha Distribution in India, according to a Wednesday filing with the Indian stock exchanges.

The contract is for the design, manufacturing, and supply of 63KVA 11/0.433KV transformers to be executed in 67 days.

Shares of the company fell 5% in recent trade.

Price (INR): ₹85.55, Change: ₹-2.5, Percent Change: -2.78%

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