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Incorporated in April 1958, Hind Rectifiers Ltd. is primarily engaged in developing, designing, manufacturing, and marketing Power Semiconductor, Power Electronic Equipments, and Railway Transportation Equipments.
Hirect Limited disbursed Rs. 1.40/share dividend. Check your accounts! Update bank details if not received to ensure smooth future payouts.
Hirect Limited reports Q1 revenue up 20.3% YoY to ₹258.4 Cr, boosted by new MEMU and Vande Metro trainset orders. Order book strong at ₹739.8 Cr. Consolidated margins are pressured by Elventive France integration, expected for 3-5 quarters. Company expands into US markets and mining.
Hirect secured a significant US order for IGBT Converters for the mining industry, marking its strategic entry into this demanding segment and furthering international expansion.
Hirect secured its first US order for Traction Motor Assemblies, marking its entry into the American market. This expands its international footprint and lays a foundation for future opportunities. Delivery is scheduled for FY27.
Hirect secured a maiden ₹60 Cr order for MEMU trainset propulsion systems from MCF. This marks a strategic entry into next-gen integrated railway systems, expanding beyond locomotive applications.