Business Standard

Hind Rectifiers Share Price

Know More
NSEBSE

628.20-16.25 (-2.52%)

12:00 AM,12th Apr 2024

629.55-14.40 (-2.24%)

12:00 AM,12th Apr 2024

BSE : 504036

NSE : HIRECT

Sector : Engineering

ISIN Code : INE835D01023

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Apr 12 2024 | 12:00 AM IST

Market Cap (₹ Cr)

1077

Turnover (₹ Cr)

0.07

Volume (Shares)

11923

Face Value

2

52-WK High

824.00

52-WK High Date

04 Mar 2024

52-WK Low

200.05

52-WK Low Date

19 Apr 2023

All Time High

824.00

All Time High Date

04 Mar 2024

All Time Low

5.04

All Time Low Date

30 Jun 1997

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.

Hind Rectifiers Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1077

EPS - TTM (₹) [S]

13.02

P/E Ratio (X) [S]

9.15

Face Value (₹) 2
Latest Dividend (%)20.00
Latest Dividend Date 01 Aug 2022
Dividend Yield (%) -
Book Value Share (₹) [S]68.68
P/B Ratio (₹) [S]9.15
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

625.00

644.90

Week Low/High

625.00

682.00

Month Low/High

551.00

682.00

Year Low/High

200.05

824.00

All time Low/High

0.86

824.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-3.94%-4.03%0.000.03%
1 Month1.40%1.74%0.780.82%
3 Month12.58%12.50%2.312.85%
6 Month65.34%65.77%11.8013.77%
1 Year205.62%208.62%22.9426.43%
3 Year412.61%410.11%55.0557.36%

Company Info

Company Information

Director : Pawan Kumar Golyan

Independent Director : V K Bhartia

Chairman & Independent Directo : Pradeep V Goyal

Independent Director : Parimal Merchant

Company Sec. & Compli. Officer : Meenakshi Anchlia

Independent Director : Vandan Shah

Executive Director : Akshada Nevatia

Independent Director : Ashlesha Bodas

Managing Director & CEO : Suramya Nevatia

Registered Office: Lake Road, Bhandup (W),Mumbai,Maharashtra-400078 Ph: 91-22-25696789

Email:investors@hirect.com; corporate@hirect.com; market

URL:http://www.hirect.com