Shares of Hind Rectifiers were locked at the 10-per cent upper circuit on the BSE on Tuesday after the company bagged order from Indian Railways. At 10:45 AM, the shares were quoting at Rs 617.45 per share as against a 0.1 per cent gain in the BSE Sensex index.
According to the company’s exchange filing, Hind Rectifiers has secured supply orders from Indian Railways worth more than Rs 200 crore for financial year 2024-25 (FY25).
Hind Rectifiers Ltd., is engaged in developing, designing, manufacturing, and marketing power semiconductors, power electronic equipments, and railway transportation equipments.
