Hind Rectifiers Ltd. saw its shares surge nearly 5% in early trade today after the company announced a significant domestic order win from Indian Railways.
The company has bagged a supply contract worth approximately ₹127 crore, further strengthening its position as a key player in India’s rail infrastructure space. According to the official statement, the order is scheduled for execution during the financial year 2026–27 and falls under the standard supply order category.
The deal will be carried out in line with Indian Railways’ standard guidelines and is expected to contribute meaningfully to the company’s revenue pipeline. Hind Rectifiers also clarified that the transaction is strictly arms-length, with no involvement of promoters, related parties, or group companies.
Hind Rectifiers shares opened at ₹1,359 and touched a high of ₹1,388 in today’s trade. The stock saw a low of ₹1,310.20 during the session. It remains strong, trading closer to its 52-week high of ₹1,588.15, well above its 52-week low of ₹672.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
