Hirect Share Price Surges Over 2%; Secures US Order for IGBT Converters for Mining Industry

Hirect Ltd. has secured an order from the United States for the supply of IGBT converters for the mining industry. The order marks the company's entry into the mining segment and aligns with its strategy to expand its international business.  

Order Marks Entry into Mining Segment 

The company said the order represents its entry into the mining sector, where power electronics are required to operate in demanding environments with stringent requirements for robustness, reliability and uninterrupted performance.  

Focus on High-Performance Power Electronics 

According to Hirect, the order reflects its engineering and manufacturing capabilities in delivering high-performance power electronic solutions for specialised industrial applications.  

Supports International Expansion Strategy 

Hirect said the order is aligned with its long-term strategy of expanding its international business. The company added that it will continue to pursue opportunities across global markets, supported by its engineering expertise and manufacturing base in India.  

Read More: Coforge Share Price in Focus; Launches Momentuum AI to Accelerate Enterprises AI Transformation! 

Share Price Performance 

As of July 31, 2026, at 3:15 PM, Hirect share price was trading at ₹1,337.50 per share, reflecting a surge of 2.85% from the previous trading session. 

Conclusion 

Hirect has secured an order from the United States for IGBT converters for the mining industry. The order marks the company's entry into the mining segment and supports its strategy of expanding its international business.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Take action on today’s market news - Complete your Demat Account Opening now.