TARIL stages sharp rebound after capitulation low as volumes spike

TARIL rebounded strongly from 52-week lows on heavy volumes, shifting investor focus to technical support levels and execution of earlier order wins in the coming week.

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14h ago

TARIL stages sharp rebound after capitulation low as volumes spike

TARIL stages sharp rebound after capitulation low as volumes spike
Transformers and Rectifiers (India) Ltd saw heightened volatility last week after slipping to a fresh 52 week low near ₹230 before rebounding sharply to around ₹280 on heavy volumes. The rebound followed intense selling pressure earlier in the week and was marked by unusually high participation, suggesting a possible flush out of weak hands. Recent price action appears driven more by positioning and sentiment, with investors now tracking execution on previously announced HVDC and large value orders for near-term direction.