TGV SRAAC Falls 6.7% as Transformer Failure Halts Production for 60 Days

Hyderabad, October 27, 2025: The share price of TGV SRAAC Ltd (BSE: 507753) fell 6.70% to ₹118.30 today at noon, following the announcement of a halt of production due to a transformer failure in Kurnool.

The company indicated that the production loss would be approximately 120 tonnes per day of caustic soda and 106 TPD of chlorine after a winding failure in the transformer supplied by Transformers and Rectifiers India Ltd. The company anticipates this disruption will last close to 60 days. The company stated it is contacting the vendor to rewind the transformer and is also looking for alternate solutions to expedite the return to service of the facility.

Headquartered in Hyderabad, TGV SRAAC Ltd operates in the commodity chemicals segment, producing caustic soda, chlorine, hydrogen, and related derivatives. The company is part of the TGV Group and is listed on the BSE SmallCap Index. It has a face value of ₹10 per share and a full market capitalization of approximately ₹1,268 crore.

Market Reaction and Key Metrics

At noon, TGV SRAAC Ltd shares were trading at ₹118.30, marking a 6.7% decline from the previous close on the BSE. Over the past year, the stock has gained 17%, recorded a 7.99% rise year-to-date, advanced 18.3% in the last six months, but slipped 1.09% over the past five days.

The stock opened at ₹123.00, below its previous close of ₹126.80, and moved between a high of ₹124.55 and a low of ₹116.00 during the session. The total traded volume stood at 3,74,410 shares, worth ₹443.30 lakh, with a VWAP of ₹119.13. The company’s market capitalisation is currently ₹1,267 crore.

The scrip has an upper circuit limit of ₹152.15 and a lower circuit limit of ₹101.45. Over the past 52 weeks, it has traded between ₹87.70 and ₹142.25, with an all-time high of ₹182.00 and an all-time low of ₹2.25. The 20-day average volume is 1,29,867 shares, with an average delivery percentage of 62.3%. The book value per share stands at ₹106.98, and the dividend yield is 0.85%.

Operational Impact

The transformer problem directly affects TGV SRAAC’s caustic soda and chlorine units, which are key revenue streams of its commodity chemicals business. Down time is expected, but as to how that may impact short-term output and margins will depend on the speed at which the rewinding or replacement process is completed.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/5b0dcac1-5958-4968-8587-7a0807c1044b.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations