Hind Rectifiers Secures Order from Indian Railways
Published: Jun 28, 2025 20:11
Hind Rectifiers Limited (HIRECT), trading at ₹1260, down 1.2% at market close, has announced that it has secured a supply order from Indian Railways. The terms and conditions of the order will be as per the standard Railway guidelines.
The order, classified as domestic, is expected to be executed by fiscal year 2026-27 and is valued at approximately ₹127 crores. The company has confirmed that the promoter/promoter group/group companies have no interest in the entity that awarded the order, and the transaction will be at arm’s length.
The announcement was made outside market hours.
source: Corporate Announcement
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