Hind Rectifiers hit an upper limit of 5% to Rs 856.65 after the company said it secured a supply order worth over Rs 200 crore from Indian Railways.
The domestic order is to be executed in fiscal year 2025-26.The company's current market capitalisation is Rs 1,468.11 crore on the BSE.
Hind Rectifiers is engaged in developing, designing, manufacturing and marketing of electronic, electrical and electro-mechanical equipment, power electronic equipment & railway traction equipments.
Standalone net profit of Hind Rectifiers soared 264.74% to Rs 6.93 crore on 38.89% rise in net sales to Rs 135.53 crore in Q1 June 2024 over Q1 June 2023.
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