Hind Rectifiers (HIRECT) Secures Significant ₹101 Crore Order from Indian Railways

Mumbai, India – Hind Rectifiers Limited (NSE: HIRECT) has announced a significant new order, informing the Exchange about securing a major contract from Indian Railways. The domestic supply order is valued at approximately ₹101 crores.

The company, a prominent player in power conversion systems, stated that the contract is for a supply order, with specific terms and conditions aligning with those of Indian Railways. The execution of this substantial order is scheduled to take place over two fiscal years, commencing from FY 2025-26 and concluding in FY 2026-27.

This announcement, made on June 27, 2025, highlights Hind Rectifiers’ continued engagement with key public sector entities. The company confirmed that the transaction is not a related party transaction, nor do any promoters or promoter group companies hold an interest in the entity that awarded the order.

Following the announcement, shares of Hind Rectifiers (HIRECT) were observed trading at ₹1298.1, marking a 1.3% increase, reflecting positive market sentiment towards the development.

source: Corporate Announcement

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