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Tarapur Transfomers hits Upper Circuit for the 5th Day in a Row

Tarapur Transfomers hits Upper Circuit for the 5th Day in a Row 4

The Power – Transmission & Equipment company Tarapur Transfomers have been hitting the upper circuit for the last 5 days continuously. This rally had started from the price of 7.13 and it has reached 9.18 in just last 5 trading days.

After doing technical analysis we found that the Tarapur Transformers had  a closing price of 8.11 on March 10,2017 which was above 30-Day Moving Average.

The Promoters have the 44.63 % of the shares where as Public (FII + DII) have remaining  55.37% of shares.

Above Stocks Rating

Technically the company is going very good and also the fundamentals of the company are improving and we expecting a better quarterly results. Thus we would give Strong Buy rating.

(Ratings were given on 16th March 2017, This is just a rating, not a buy/sell recommendation )

Chart (Last 1 month)

Tarapur Transfomers hits Upper Circuit for the 5th Day in a Row 5


About Tarapur Transfomers

Tarapur Trans is in the Power – Transmission & Equipment sector. The current market capitalisation stands at Rs 17.90 crore.The company management includes Suresh More – Managing Director, Kiren Shrivastav – Director, Lalit Laxiram Agarwal – Director.

It is listed on the BSE with a BSE Code of 533203 and the NSE with an NSE Code of TARAPUR. Its Registered office is at J-20, MIDC, Tarapur Industrial Area,,Boisar, Thane District,Maharashtra – 401506. Their Registrars are Bigshare Services Pvt. Ltd.

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