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Hind Rectifiers zooms on bagging orders worth Rs 88.05 crore

08 Jan 2019

Hind Rectifiers is currently trading at Rs. 111.60, up by 3.25 points or 3.00% from its previous closing of Rs. 108.35 on the BSE.

The scrip opened at Rs. 105.00 and has touched a high and low of Rs. 112.80 and Rs. 105.00 respectively. So far 4966 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 165.00 on 24-Apr-2018 and a 52 week low of Rs. 97.00 on 19-Jul-2018.

Last one week high and low of the scrip stood at Rs. 116.95 and Rs. 101.50 respectively. The current market cap of the company is Rs. 179.72 crore.

The promoters holding in the company stood at 42.03%, while Institutions and Non-Institutions held 0.02% and 57.95% respectively.

Hind Rectifiers has bagged orders of Rs 88.05 crore in December 2018. This includes substantial orders from Diesel Locomotive Works worth 61 crore. With these order wins, the company has a strong all time high pending order book of Rs 292.92 crore.

Hind Rectifiers is engaged in developing, designing, manufacturing and marketing Power Semiconductors, Power Electronic Equipments and Railway Transportation Equipments

Related Hind Rectifiers Ltd. Links:

Hind Rectifiers Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323