TRIL snaps losing streak, rebounds on Power Grid HVDC order win
Market
C
CNBC TV1808-12-2025, 11:13

TRIL snaps losing streak, rebounds on Power Grid HVDC order win

  • TRIL shares gained 4.5% on Monday, December 8, ending an eight-day losing streak.
  • The stock had previously fallen 20% and reached a 52-week low of ₹235.75.
  • Trading volumes for TRIL on Monday surpassed those of the previous Friday.
  • TRIL secured a ₹53.33 crore order from Power Grid Corporation for HVDC converter transformer work.
  • This marks the first time an Indian private sector company received such an HVDC order, opening new opportunities.

Why It Matters: TRIL's stock rebound and new order indicate potential for future growth.

More like this

Loading more articles...