In just one year, the company’s share price increased by more than 300%.
Alfa Transformers Limited announced in an exchange filing on May 26, 2023, that TPCODL had granted the business a special application transformer for the elimination of voltage fluctuations. After the 500 KVA LINE VOLTAGE REGULATING TRANSFORMERS performed as expected, TATA POWER granted an order for 10,000 lO/A 24 kv to 35 kv LURT.
Alfa Transformers Limited has given its stockholders multibagger returns over the past six months. The company’s share price increased over this time from Rs 8.30 on November 28, 2022, to Rs 31.96 on May 26, 2023, a gain of roughly 285% over the course of the holding period.
The company’s revenue for Q4FY23 was Rs 7.24 crore, representing a YoY rise of 123.69%. The company’s operating profit was 0.67 rupees and its PAT was 0.20 crore rupees.
Small distribution transformers are manufactured by Alfa Transformers Limited, which also provides related technical support and services, including maintenance work. Two manufacturing facilities for the company are situated in Bhubaneswar and Vadodara.
The stock’s opening price on Friday was Rs. 29.15, and its high and low were Rs. 32.00 and Rs. The stock increased by 4.44 percent from its previous closure of Rs 30.60 to complete trading at Rs 31.96. The stock’s 52-week range includes a high of Rs 33.76 and a low of Rs 5.40.