Voltamp Transformers Surges 2% After ₹149 Crore GETCO Order Win

Vadodara, October 29, 2025 – Voltamp Transformers Ltd shares (NSE: VOLTAMP, BSE: 532757) gained over 2% on the Wednesday trading session. This was a rise following the company announcing it received a Letter of Intent for approximately ₹149 crore from Gujarat Energy Transmission Corporation Limited (GETCO). The order comprises design, manufacture, test, and supply of various ratings of power transformers with an execution time of six months.

Order Details

The order of ₹149 crore, inclusive of GST, has been placed by GETCO for different capacities of transformers matching the technical criteria of the company. The project will be executed domestically, and Voltamp ensured that there is no promoter interest or related-party transaction in the transaction. The win is another milestone in Voltamp’s growing list of big domestic utility projects and reinforces its reputation as a reliable supplier in India’s transformer market.

Market Snapshot and Stock Performance

The share price of Voltamp surged following the announcement of the order, gaining 2.18% to trade at ₹7,256.00 at 2:50 pm IST. The stock oscillated between a day’s low of ₹7,042 and a high of ₹7,305.50, reflecting a boost in investor confidence. Its market cap currently stands at approximately ₹10,513 crore, and it remains among the best performers in the Nifty Microcap 250 index.

The counter had a turnover of ₹51.54 crore on a volume of 0.72 lakh shares, indicating positive buying interest. Total bid quantity of 4,812 shares was in excess of the sell quantity of 4,276, reflecting a bullish undercurrent in the trading atmosphere.

Established in 1967 and listed since September 2006, Voltamp Transformers Ltd is a leading oil-filled power and distribution transformer maker with a headquarters in Vadodara, Gujarat. Voltamp provides transformers to utilities, industries, and EPC contractors in India. With listing in the Nifty Microcap 250 index, Voltamp continues to be a part of supporting the country’s power transmission infrastructure.

REF: https://nsearchives.nseindia.com/corporate/VOLTAMP_29102025140110_Receipt_of_Order_Signed.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