Alfa Transformers Secures Rs. 62.54 Lakh Orders from Rungta Group Companies
Alfa Transformers Limited has received two purchase orders totaling Rs. 62.54 lakhs for its Bhubaneswar plant. The orders, each worth Rs. 31.27 lakhs, are from Rungta Mines Limited and Rungta Sons Pvt. Ltd. for 2MVA power distribution transformers. The orders are to be executed within 4-6 weeks, demonstrating the company's quick turnaround capability. These domestic orders highlight Alfa Transformers' strong presence in the Indian market and do not involve any promoter group interest or related party transactions.
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Alfa Transformers Limited, a leading manufacturer of power distribution transformers, has announced the receipt of significant purchase orders totaling Rs. 62.54 lakhs for its Bhubaneswar plant. The orders, split equally between two Rungta Group companies, mark a positive development for the company's order book.
Order Details
The company has secured two separate orders, each worth Rs. 31.27 lakhs, from Rungta Mines Limited and Rungta Sons Pvt. Ltd. Both orders involve the design, manufacturing, and supply of 2MVA power distribution transformers with specifications of 11KV/0.433KV, Onan Cooled, Dyn11.
Execution Timeline and Terms
According to the company's disclosure to the BSE, the orders are to be executed within a timeframe of 4-6 weeks from the date of receipt. This quick turnaround demonstrates Alfa Transformers' capability to meet demanding delivery schedules.
Domestic Focus and Independence
Both orders are from domestic entities, highlighting the company's strong presence in the Indian market. Alfa Transformers has also clarified that these transactions do not involve any promoter group interest or related party transactions, ensuring transparency and arm's length dealings.
Company Background
Alfa Transformers Limited operates two manufacturing facilities:
- Bhubaneswar Plant: Located at Plot No. 3337, Mancheswar Industrial Estate, Bhubaneswar- 751010
- Vadodara Plant: Situated at Plot No. 1046, 1047 & 1048, G.I.D.C Estate, Waghodia, Vadodara- 391760, Gujarat
This latest order will be fulfilled by the company's Bhubaneswar plant, showcasing its importance in Alfa Transformers' production capabilities.
The securing of these orders from reputable companies like Rungta Mines Limited and Rungta Sons Pvt. Ltd. may be seen as a positive indicator of Alfa Transformers' product quality and market competitiveness in the power distribution transformer sector.
Historical Stock Returns for Alfa Transformers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.16% | -12.18% | -18.36% | -40.11% | -64.20% | +259.85% |
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