Hind Rectifiers surges 13%, hits 52-week high; stock up 35% in 3 days

In the past one month, the stock has rallied 47 per cent, as compared to 3 per cent fall recorded by the S&P BSE Sensex

Shares of Hind Rectifiers hit a 52-week high of Rs 244.35, surging 13 per cent on the BSE in Wednesday’s intra-day trade. The stock has zoomed 35 per cent in past three trading days, and in past one month has rallied 47 per cent, as compared to 3 per cent fall recorded by the S&P BSE Sensex.

The stock of electronic components surpassed its previous high of Rs 232.25 touched on September 3, 2021. It had hit a record high of Rs 270 on February 6, 2020.

At 11:00 am; Hind Rectifiers was trading 8 per cent higher