bell
The current prices are delayed by 15 mins, login to check live prices.
Hind Rectifiers Ltd share price logo

Hind Rectifiers Ltd

(HIRECT)

₹1137.951.76%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Hind Rectifiers Ltd Performance

  • Day's Low

    Day's High

    ₹1,105
    ₹1,148
  • 52 Week's Low

    52 Week's High

    ₹512.05
    ₹1,279.25
1 Month Return+ 6.65 %
3 Month Return+ 18.16 %
1 Year Return+ 65.07 %
Previous Close₹1,118.25
Open₹1,130.00
Volume24.86K
Upper Circuit-
Lower Circuit-
Market Cap₹1,916.44Cr

Hind Rectifiers Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹1,916.44 Cr
P/B Ratio8.29
EPS0
Dividend Yield0
SectorConsumer Durables
ROE14.67

Hind Rectifiers Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,916.44 Cr85.57%0.76NANA
NA₹229.04 Cr37.56%0.73NANA
BUY₹993.73 Cr-2.42%0.50₹13 Cr₹1,041 Cr
BUY₹24,586.24 Cr10%0.61₹441 Cr₹7,312 Cr
NA₹32.22 Cr354.7%2.03NANA

About Hind Rectifiers Ltd

Hirect, a leading manufacturer of rectifier equipment, semiconductor devices, and products for railways AC electric locomotives and AC electrical multiple units, has signed a technical collaboration agreement with Friem Italy and has received orders from Sterlite Industries Chemfab Chlorates, Sree Rayalaseema Alkalies, and Chemicals. With Electric Research and Development Centre Kerala, Hirect has also signed a technical collaboration agreement to produce transistorised PWM AC drives and has an agreement with Powersem Germany for Isopack bridges. Future plans include signing a technical collaboration agreement with Chittaranjan Locomotive Works for transfer of technology for auxiliary converters. Hirect also has an RD department recognized by the government of India that is working on developing traction rectifiers for diesel locomotives and 5400KVA loco transformers. In pursuit of the ISO9002 certificate, Hirect has appointed the National Productivity Council for improvements. This period (1995-2000) saw the successful manufacture and supply of high-current water-cooled rectifiers, Isopack bridges, and a new 180KVA converter from Indian Railways for Rs. 3 crores. It was also the period where Hirect merged with Supreme Powertronics Private Ltd.

Share Price: ₹1137.95 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,916.44Cr as of today
Listing date: 12 Sep, 1996
Chairperson Name: Pradeep V Goyal
OrganisationHind Rectifiers Ltd
HeadquartersMumbai
IndustryConsumer Durables
E-voting on sharesClick here to vote

Key events for Hind Rectifiers Ltd

  • Hind Rectifiers Hits 52-Week High on Strong Q2 Results - 06 Nov, 2024

    Hind Rectifiers shares surged to a 52-week high of ₹1,279.25 after reporting impressive Q2FY25 results, with revenue up 25.7% YoY and PAT soaring 156.1% YoY. The company has seen an 89% increase in share value over the past year.

  • Hind Rectifiers Reports Strong Q3 Growth - 31 Oct, 2024

    Hind Rectifiers reported standalone net sales of Rs 165.84 crore for September 2024, marking a 25.66% year-on-year increase. The net profit for the period was Rs 10.19 crore, reflecting significant growth compared to previous quarters.

  • Hind Rectifiers Reports Strong Q2 Earnings Growth - 30 Oct, 2024

    Hind Rectifiers experienced a significant stock surge, hitting a 5% upper circuit ahead of Q2 FY25 results. The company reported a 156.42% increase in net income to Rs 10.18 crore, driven by a 25.66% rise in revenue. This strong performance reflects robust investor confidence and growth in core sectors.

  • Hind Rectifiers Secures Major Orders from Indian Railways - 20 Oct, 2024

    Hind Rectifiers Limited has secured orders worth Rs 73 crore from Indian Railways for various railway equipment, boosting its market position. The stock hit a 52-week high with significant volume increase, reflecting strong investor interest.

  • Hind Rectifiers Secures Major Orders from Indian Railways - 18 Oct, 2024

    Hind Rectifiers Limited has received orders worth ₹73 crore from Indian Railways for power conversion systems, contributing to a record order backlog of ₹903 crore as of October 18, 2024.

  • Hind Rectifiers Stock Surges on Railway Orders - 17 Oct, 2024

    Hind Rectifiers shares soared 10% to a record high, fueled by significant orders from Indian Railways worth over Rs 200 crore. The stock has doubled investors' capital, outperforming the Nifty index. Analysts expect continued revenue growth and market expansion into defense and aerospace sectors.

Insights on Hind Rectifiers Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, HIRECT stock has moved up by 565.8%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 5.82% to 5.97% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Marine Electricals India Ltd has given 671.6% return, outperforming this stock by 105.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 44.05% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Marine Electricals India Ltd has given 145.0% return, outperforming this stock by 79.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 50.12% to 49.96% in Sep 2024 quarter

Hind Rectifiers Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹243.70Cr (-)₹249.58Cr (↑2.41%)₹296.86Cr (↑18.94%)₹337.58Cr (↑13.72%)
Total Liabilities₹143.93Cr (-)₹142.14Cr (↓1.24%)₹185.15Cr (↑30.26%)₹213.05Cr (↑15.07%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹4.44Cr (-)₹21.71Cr (↑388.96%)₹36.27Cr (↑67.07%)₹33.03Cr (↓8.93%)₹33.90Cr (↑2.63%)
0

Hind Rectifiers Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
44.05%
0.00
Foreign Institutions
5.97%
2.71
Mutual Funds
0%
-100.00
Retail Investors
49.96%
-0.31
Others
0.02%
33.59

Hind Rectifiers Ltd Key Indicators

Details20202021202220232024
Return On Equity %21.275.467.533.9914.67

Hind Rectifiers Ltd Earnings and Dividends

  • Hind Rectifiers Ltd Earnings Results

    Hind Rectifiers Ltd’s net profit jumped 156.03% since last year same period to ₹10.19Cr in the Q2 2024-2025. On a quarterly growth basis, Hind Rectifiers Ltd has generated 47.04% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Hind Rectifiers Ltd Dividends May,2024

    In the quarter ending March 2024, Hind Rectifiers Ltd has declared dividend of ₹1.20 - translating a dividend yield of 0.11%.

    Read More about Dividends

Hind Rectifiers Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Hind Rectifiers Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Hind Rectifiers Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Hind Rectifiers Ltd shares.

Hind Rectifiers Ltd (HIRECT) share price today is ₹1137.95

Hind Rectifiers Ltd is listed on NSE

Hind Rectifiers Ltd is listed on BSE

  • Today’s highest price of Hind Rectifiers Ltd is ₹1148.
  • Today’s lowest price of Hind Rectifiers Ltd is ₹1105.

Today’s traded volume of Hind Rectifiers Ltd(HIRECT) is 24.86K.

Today’s market capitalisation of Hind Rectifiers Ltd(HIRECT) is ₹1916.44Cr.

Hind Rectifiers Ltd(HIRECTPrice
52 Week High
₹1279.25
52 Week Low
₹512.05

Hind Rectifiers Ltd(HIRECT) share price is ₹1137.95. It is down -11.05% from its 52 Week High price of ₹1279.25

Hind Rectifiers Ltd(HIRECT) share price is ₹1137.95. It is up 122.23% from its 52 Week Low price of ₹512.05

Hind Rectifiers Ltd(HIRECTReturns
1 Day Returns
19.7%
1 Month Returns
6.65%
3 Month Returns
18.16%
1 Year Returns
65.07%