Hind Rectifiers Limited (HIRECT), a key player in power electronics and railway equipment, has secured a significant order worth ₹127 crore from Indian Railways. Hind Rectifiers' share price gained on Monday after this announcement.
The newly awarded ₹127 crore order from Indian Railways involves the supply of critical railway components as per the terms and conditions laid out by Indian Railways. The contract is entirely domestic and is scheduled for execution within FY 2026–27. This win marks another milestone in HIRECT’s long-standing association with India’s national transporter and affirms its technical prowess and supply chain reliability.
A few days earlier, Hind Rectifiers had announced the receipt of a supply order valued at ₹101 crore from Indian Railways.
As per the exchange filing, this domestic order will be carried out in accordance with the terms and conditions specified by Indian Railways. The execution is planned to take place during the financial years 2025–26 and 2026–27.
The company reported an all-time high order backlog of ₹893 crore in March 2025. The lion's share of the order book for FY25 comes from the Railway sector. Product-wise: Railway Transformer (63.4%), Railway Electro Mechanical (10%) and Railway Electronics (18%).
The recent order received reinforces Hind Rectifiers' core strength in delivering high-quality electrical and power systems to the railway sector. The company’s increasing traction with Indian Railways signals a strong growth outlook, with this order contributing significantly to its revenue pipeline for the coming fiscal year.
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On June 30, 2025, Hind Rectifiers share price opened at ₹1,359.00 on NSE, above the previous close of ₹1,261.90. During the day, it surged to ₹1,388.00 and dipped to ₹1,286.00. The stock is trading at ₹1,295.70 as of 9:47 AM. The stock registered a significant gain of 2.68%.
Over the past week, it has moved up by 1.86%, over the past month, it has moved up by 0.15%, and over the past 3 months, it has moved up by 36.53%.
Hind Rectifiers Limited was incorporated in April 1958 by Mr Sushil Kumar Nevatia. The company is currently managed by Mr Saurabh Nevatia and Mr Suramya Nevatia. The company manufactures power electronic equipment such as converters, inverters, propulsion systems, rectifiers and railway transformation equipment like traction transformers for locomotive motors, various types of panels for locomotive switchboard cabinets, regulated battery chargers, inverters and modular pantries. The manufacturing facilities are in Mumbai and Nasik, Maharashtra, and Dehradun, Uttarakhand, and its registered office is in Mumbai.
Hind Rectifiers’ latest order from Indian Railways for ₹127 crore reflects strong demand for its solutions and strengthens its growth trajectory. The stock’s upward movement post-announcement highlights investor confidence in the company’s operational execution and long-term strategy.
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Published on: Jun 30, 2025, 11:14 AM IST
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