Transformers play important rule in electrification and with central government aggressively working on rural electrification, we see sudden demand for Transformers among Indian players with Bharat Bijlee and TRIL (Transformers and Rectifiers India Limited)
If you see order books of both, it has recorded historically strong order books this year and expected to grow even more next year. Voltamp on the other side have dissappointed in terms of order book. FY2018 seems to be dull period for it, and expecting spike in FY2019. Need to keep watch on volumes to see any potential in Voltamp.
Already initiated Transformers sector and updated once for dissappointing Q2FY18 results of TRIL. But still have good hopes to show strong results in Q3 & Q4FY2018
#JTtime.blogspot.com
Happy Investing 💸💸💸💸💸💸💸
If you see order books of both, it has recorded historically strong order books this year and expected to grow even more next year. Voltamp on the other side have dissappointed in terms of order book. FY2018 seems to be dull period for it, and expecting spike in FY2019. Need to keep watch on volumes to see any potential in Voltamp.
Already initiated Transformers sector and updated once for dissappointing Q2FY18 results of TRIL. But still have good hopes to show strong results in Q3 & Q4FY2018
#JTtime.blogspot.com
Happy Investing 💸💸💸💸💸💸💸
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