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Company Profile

HIND RECTIFIERS LTD.

NSE : HIRECTBSE : 504036ISIN CODE : INE835D01023Industry : Electric EquipmentHouse : Private
BSE706.25-3.25 (-0.46 % )
PREV CLOSE (Rs.) 709.50
OPEN PRICE (Rs.) 723.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 929
TODAY'S LOW / HIGH (Rs.)699.60 734.00
52 WK LOW / HIGH (Rs.)211.1 815.35
NSE703.95 -6.4 (-0.9 % )
PREV CLOSE(Rs.) 710.35
OPEN PRICE (Rs.) 723.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 13880
TODAY'S LOW / HIGH(Rs.) 697.90 734.95
52 WK LOW / HIGH (Rs.)210.55 824

Company News

Date Heading Details
25-Apr-2024 Reply To The Clarification Sought On Movement In Price Of The Shares Across Exchanges, In The Recent Past Reply to the clarification sought by NSE & BSE on movement in price of the shares of the Company across exchanges in the recent past.
11-Apr-2024 Hind Rectifiers informs about compliance certificate <div style="text-align: justify;">Hind Rectifiers has informed that pursuant to Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, they are submitting a certificate, duly signed by Adroit Corporate Services, Registrar &amp; Share Transfer Agent and Compliance Officer of Hind Rectifiers, for the financial year ending on March 31, 2024. The Company ensures that all activities in relation to share transfer facility are maintained by registered Registrar and share transfer agent.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
28-Feb-2024 Hind Rectifiers informs about TV interviews <div style="text-align: justify;">Pursuant to the Regulation 30 of SEBI Listing Regulations, 2015, Hind Rectifiers has informed that the TV interviews of Suramya Nevatia, Managing Director &amp; CEO of the Company are scheduled. The details are as follows: 1. ET NOW - Thursday, 29th Feb 2024 at 12:15 pm (Show name: Markets at Noon). 2. NDTV - Thursday, 29th Feb 2024 at 2:30 pm (Show name: India Market Close). No unpublished price sensitive information (UPSI) is intended to be disclosed during the interview.&nbsp;</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
27-Feb-2024 PDS, Mahindra Finance and PNC Infratech to see some action today <p style="text-align: justify;"><span style="font-weight: bold;">PDS</span>' subsidiary--- Norlanka Manufacturing India has proposed to acquire an equity stake of 5% in Frontier Knitters to expand apparel manufacturing footprint &amp; leverage it to grow sourcing business. Cost of acquisition is Rs 1.02 crore. The said transaction is expected to be completed on or before April 30, 2024.</p><p style="text-align: justify;"><span style="font-weight: bold;">Mahindra &amp; Mahindra Financial Services</span> (Mahindra Finance) has entered into partnership with Lendingkart. This co-lending partnership is set to provide business loans for the Small &amp; Medium Enterprise (SME) sector and will boost Mahindra Finance's product diversification strategy, while fostering financial inclusion for small and medium enterprises.</p><p style="text-align: justify;"><span style="font-weight: bold;">PNC Infratech</span> has received Letter of Acceptance (LoA) from Madhya Pradesh Public Works Department (MPPWD) through Office of Chief Engineer, PWD Bridge Zone (Authority) on February 26, 2024 for the Project of Construction of Four Lane Elevated Corridor/Flyover from Maharani Laxmibai Pratima to A.B. Road (N.H. 46) Near Girwai Police Chouki on Swarn Rekha River in Gwalior City (2nd phase) in the state of Madhya Pradesh on EPC Mode. Broad Consideration or size of the order is Rs 699 crore along with GST as applicable. The said order is expected to be completed in 36 months (including rainy season).&nbsp;</p><p style="text-align: justify;"><span style="font-weight: bold;">Wipro </span>and Nokia have launched joint private wireless solution to help enterprises scale their digital transformation. This joint solution will provide enterprises with a more secure 5G private wireless network solution integrated with their operation infrastructure. The solution will bring greater reliability, mobility, connectivity speed, real-time access to business insights, and the ability to process high volumes of data with low latency. Through a dedicated wireless network, enterprises will be able to create an integrated private environment they can control to better manage their performance and mitigate security risks.</p><p style="text-align: justify;"><span style="font-weight: bold;">ITI </span>has signed Memorandums of Understandings (MoUs) with Lekha Wireless, Niral Networks and InstaICT Solution to create and manage entire Private 5G ecosystem for an enterprise, i.e. plan, design, deploy, implement and manage. The company has formalized a strategic collaboration with Lekha Wireless, Niral Networks, and InstaICT Solution aimed at driving the adoption of 5G technology in India. The MoUs signifies the beginning of a significant partnership between these niche entities in the telecommunications sector.</p><p style="text-align: justify;"><span style="font-weight: bold;">Kilitch Drug'</span>s subsidiary -- Kilitch Estro Biotech PLC has secured a significant tender issued by the Ethiopian Pharmaceutical Supply Service of the Federal Democratic Republic of Ethiopia. This tender win marks a notable achievement for the company not only because of this tender but also it will definitely repeat as the Ethiopian Pharmaceutical Supply Service has planned to purchase injectable from local manufacturer.</p><p style="text-align: justify;"><span style="font-weight: bold;">Hind Rectifiers</span> has secured supply orders from Indian Railways. The orders are to be executed by FY2024-25. The broad consideration or size of the orders is more than Rs 200 crore.&nbsp;</p>
26-Feb-2024 Hind Rectifiers secures orders worth Rs 200 crore <p style="text-align: justify;">Hind Rectifiers has secured supply orders from Indian Railways. The orders are to be executed by FY2024-25. The broad consideration or size of the orders is more than Rs 200 crore.&nbsp;</p><p style="text-align: justify;">Hind Rectifiers is engaged in developing, designing, manufacturing and marketing Power Semiconductors, Power Electronic Equipments and Railway Transportation Equipments.</p><div style="text-align: justify;"><br></div>
19-Jan-2024 Hind Rectifiers informs about credit rating <div style="text-align: justify;">Hind Rectifiers has informed about details of the rating published by CRISIL on January 18, 2024. CRISIL Ratings has reaffirmed its ratings on the bank facilities of Hind Rectifiers Ltd at ‘CRISIL BBB-/Stable/CRISIL A3'. The revision in outlook reflects improvement in the business profile of the company supported by improved profitability and steady growth in scale.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
06-Jan-2024 Hind Rectifiers informs about update on VRS <div style="text-align: justify;">In continuation to intimation dated December 22, 2023 regarding intimation of the Voluntary Retirement Scheme of the Company, Hind Rectifiers has informed that the Scheme, which was implemented in the Company on December 22, 2023, was concluded on January 5, 2023. Pursuant to the Scheme, 75 employees have opted to accept the Scheme and total compensation paid to them is Rs 699.22 lakhs.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
06-Nov-2023 Hind Rectifiers informs about newspaper publication <div style="text-align: justify;">Hind Rectifiers has enclosed copies of the advertisement with respect to the unaudited financial results for the quarter and six months ended September 30, 2023, published in The Free Press Journal and Navshakti on November 6, 2023.&nbsp;</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
06-Oct-2023 Hind Rectifiers informs about certificate <p style="text-align: justify;">In compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018, Hind Rectifiers has informed that it enclosed a copy of the certificate received from Adroit Corporate Services, Registrar and Transfer Agent of the Company, for the quarter ended on September 30, 2023.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
30-Sep-2023 Hind Rectifiers informs about closure of trading window <div style="text-align: justify;">Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, Hind Rectifiers has informed that the trading window for dealing in the shares of the Company shall remain closed from September 30, 2023 till 48 hours after the declaration of unaudited financial results for the quarter and six months ended September 30, 2023. The date of the Board Meeting of the Company for consideration and declaration of the unaudited financial results for the quarter and six months ended September 30, 2023 will be intimated in due course.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>