Transformers and Rectifiers share price zooms nearly 20% to hit all-time high; what's behind the rally?

Shares of Transformers & Rectifiers India (TRIL), one of the leading manufacturers of transformers, have skyrocketed 19.6% in today's trade to record a new lifetime high of ₹226 apiece. This year so far, the shares have delivered a multibagger return of 300%.

Transformers and Rectifiers share price zooms nearly 20% to hit all-time high; what's behind the rally?
Shares of Transformers & Rectifiers India (TRIL), one of the leading manufacturers of transformers, have skyrocketed 19.6% in today's trade to record a new lifetime high of ₹226 apiece. This year so far, the shares have delivered a multibagger return of 300%.