1392.7000 31.50 (2.31%)
NSE Jan 13, 2026 15:31 PM
Volume: 17,015
 

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Hind Rectifiers Ltd.
14 Nov 2019, 12:00AM
1392.70
2.31%
ICICI Securities Limited
Strong order inflows, traction in execution to drive growth Sizeable order wins for HRL have translated to a record high order book of | 340 crore, (85:15 mix in favour of railways & industrials segment) with railways being the major client. The company expects | 160-170 crore worth of orders to be executed in H2FY20E providing strong revenue visibility for the year. HRL is currently L1 in orders worth | 350 crore suggesting strong order inflows in the medium term. It received orders worth | 100 crore for Q2FY20. Post Budget 2021, railway tendering activity is expected to further...
Hind Rectifiers Ltd. is trading below all available SMAs
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