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Umang Bhutada

22nd Jun Β· SEBI-Registered Analyst

Transformers and Rectifiers (India) – Momentum $TARIL Important Levels: Support: 620 – 590 Resistance: 700 – 760 Structure: Strong uptrend with higher highs Business: Leading manufacturer of power transformers Beneficiary of India's power transmission and distribution expansion Strong exposure to utility and industrial projects Earnings: Record order book visibility Strong revenue growth trajectory Improving operating leverage Verdict: πŸ‘‰ Power infrastructure leader πŸ‘‰ Momentum remains extremely strong

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