This smallcap PSU stock is locked in a 20% lower circuit. What’s behind the steep selloff?
- Posted on November 10, 2025
- By Business News Today
- 3 Views
This smallcap PSU stock is locked in a 20% lower circuit. What’s behind the steep selloff?
Shares of Transformers and Rectifiers India Ltd plunged 20% to hit the lower circuit at Rs 313.55 after the company reported a 20% drop in Q2 net profit to Rs 37.45 crore. EBITDA margins also declined sharply, triggering a steep selloff in the smallcap PSU stock.
