Shares of Hind Rectifiers jumped 5% to hit the upper circuit on Monday after the company announced that it had secured a significant order worth over ₹200 crore from Indian Railways. The contract, which involves the supply of electrical components and equipment, is expected to be executed by the financial year 2025-26.
This domestic order highlights Hind Rectifiers’ growing role in supporting infrastructure projects, particularly within Indian Railways. The company confirmed that no related party transactions are involved, and the order is awarded under standard terms and conditions.
As of 9:24 AM, the shares were trading 5% higher at ₹858.95 on the NSE.
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Hind Rectifiers