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Hind Rectifiers Ltd Performance

Today's Low
648.75
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Today's High
680.00
52 Wk Low
210.55
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52 Wk High
824.00


Open

659.45

Traded Value (Cr)

1.04 Cr

Prev. Close

656.3

VWAP

662.44

Volume

11,116

Face Value

2

Hind Rectifiers Ltd Financials

Hind Rectifiers Ltd Financials

Hind Rectifiers Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 44.05 % 44.08 % 44.08 % 44.08 %
Retail 30.56 % 30.82 % 30.06 % 30.18 %
Others 19.62 % 19.37 % 19.60 % 19.47 %
FII 5.76 % 5.72 % 6.26 % 6.26 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

44.05%

Retail

30.56%

Others

19.62%

FII

5.76%

Mutual Funds

0.00%

Promoters

44.08%

Retail

30.82%

Others

19.37%

FII

5.72%

Mutual Funds

0.00%

Promoters

44.08%

Retail

30.06%

Others

19.60%

FII

6.26%

Mutual Funds

0.00%

Promoters

44.08%

Retail

30.18%

Others

19.47%

FII

6.26%

Mutual Funds

0.00%

Resistance and Support

₹676.10

PIVOT

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Resistance
First Resistance₹702.250
Second Resistance₹730.200
Third Resistance₹756.350
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Support
First Resistance₹648.150
Second Resistance₹622.000
Third Resistance₹594.050
RSI48.217
MACD17.315
ADX31.270
CCI-51.103

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day11,1165,63050.65
Week26,07912,02154.66
1 Month47,90823,68759.10
6 Months26,17511,22442.88

About Hind Rectifiers Ltd

Hind Rectifiers Ltd, known as Hirect, is a leading manufacturer of rectifier equipment and semi-conductor devices. It also manufacturers a wide range of products used for railways, AC electric locomotives and AC electrical multiple units. The Company was incorporated in April 1958. The Company is engaged in developing, designing, manufacturing and marketing Power Semiconductor, Power Electronic Equipments and Railway Transportation Equipments. The company signed a technical collaboration agreement with Friem, Italy to manufacture water-cooling rectifiers for electrochemical applications. Based on this technology, it has received orders from Sterlite Industries, Chemfab Chlorates and Sree Rayalaseema Alkalies and Chemicals. It had a technical collaboration agreement with Electric Research & Development Centre, Kerala, to manufacture transistorised PWM AC drives and with Powersem, Germany, for isopack bridges. Hirect has its own R&D department, recognised by the Department of Science & Technology, Government of India. Based on in-house R&D, efforts are being made to develop traction rectifiers for diesel locomotives and 5400-kVA loco transformers for railways. In its pursuit of the ISO-9002 certificate, the National Productivity Council has been appointed to suggest improvements in procedures. During 1995-96 the company has successfully manufactured and suppliedHigh Current Water Cooled Rectifiers based on teechnology recieved from FRIEM S.P.A Italy. Isopack Bridges have also successfully been manufactured. During 1996-97 the company merged with Supreme Powertronics Private Ltd. The company received an order for a new 180 KVA converter for Rs.3 crores from Indian Railways during 1999-2000, which is being developed with the technical collaboration of Transtechnik of Germany. During the year 2003-04, the three major foreign collaborations with Transtechnik of Germany for Railway Inverters, Friem of Italy for Water Cooled Rectifiers and Nieke of Germany for AC/DC Traction Transformers for Metro Trains were further renewed. Company also got the plant at Nashik unit certified and re-certified at Bhandup as per ISO 9001:2000. In 2004-05, the first single unit 180 KVA Converter imported prototype was commissioned on the Electric Locomotive of Indian Railways. The Company started commercial production of Loco Transformers at Dehradun Plant during the year 2010. During the year 2013-14, Company supplied 3 phase Transformer for WAP5, WAP7 and WAG9 for Indian Railways. It commissioned 3 Phase Transformers and 3 x 130 KVA Converter at Chittaranjan Locomotive Works (CLW) in 2014-15. It undertook the expansion plan at Nashik for manufacture of Railway as well non Railway products, which got completed in 2018 and accordingly, after the expansion at Nashik Plant, the Company sold Unit II of Dehradun in November, 2018. Operations at Nashik Plant started w.e.f. 27th April, 2020 and that of Dehradun plant w.e.f. 6th May, 2020, and resultantly, Dehradun and Nashik Plants were fully operative from the 25th May, 2020 and 9th June, 2020 respectively. Similarly, the operations at Mumbai plant was started with the capacity of 10% with effect from 8th June, 2020. In the financial year 2020-21, plant was completed and started commercial production w.e.f. March 9, 2023.

Managing Director

Suramya Nevatia

Founded

1958

NSE Symbol

HIRECT

Hind Rectifiers Ltd Management

NameDesignation
Pawan Kumar GolyanDirector
V K BhartiaIndependent Director
Pradeep V GoyalChairman & Independent Directo
Parimal MerchantIndependent Director
Meenakshi AnchliaCompany Sec. & Compli. Officer
Vandan ShahIndependent Director
Akshada NevatiaExecutive Director
Ashlesha BodasIndependent Director
Suramya NevatiaManaging Director & CEO

Hind Rectifiers Ltd News

Hind Rectifiers standalone net profit declines 37.19% in the December 2023 quarter
Sales rise 40.52% to Rs 136.63 crore
Hind Rectifiers to discuss results
On 8 February 2024
Hind Rectifiers announces cessation of director
Hind Rectifiers reports standalone net profit of Rs 3.98 crore in the September 2023 quarter
Sales rise 69.99% to Rs 131.98 crore
Hind Rectifiers to conduct board meeting
On 4 November 2023
Hind Rectifiers reports standalone net profit of Rs 1.90 crore in the June 2023 quarter
Sales rise 34.33% to Rs 97.58 crore
Hind Rectifiers announces board meeting date
On 8 August 2023
Hind Rectifiers to conduct AGM
On 23 August 2023
Hind Rectifiers reports standalone net loss of Rs 2.46 crore in the March 2023 quarter
Sales rise 9.04% to Rs 111.59 crore
Hind Rectifiers to table results
On 26 May 2023

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Hind Rectifiers Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Hind Rectifiers Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Hind Rectifiers Ltd's share price is ₹674.35 as of May 10, 2024

The 52-week high/low price of a Hind Rectifiers Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Hind Rectifiers Ltd's 52-week high and low as of May 10, 2024 are ₹680 and ₹648.75 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Hind Rectifiers Ltd stands at 44.05%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 5.72% to 5.76%.