Hind Rectifiers Jumps 10% After Securing Rs 228 Crore Orders from Indian Railways

Shares of Hind Rectifiers shoot up 10% on the National Stock Exchange on June 30 to its intraday high level after the company announced two back-to-back orders from Indian Railways, amounting to an aggregate contract value of ₹228 crore.

On June 27, the company said that it has received a ₹101-crore supply order from Indian Railways. Separately on June 28, Hind Rectifiers informed the exchanges that the company has received another supply order of ₹127 crore from Indian Railways. The company will supply electrical components as part of the order.

Hind Rectifiers had reported a 95% jump in its consolidated net profit to ₹9.99 crore for the March quarter, as compared to ₹5.11 crore in the year-ago period on higher income. Its total income rose to ₹185.39 crore in the said period from ₹151.73 crore in the same quarter a year ago.

The board had also approved a final dividend of ₹2 per equity share for the financial year ended March 2025. The company reported a robust order book of ₹893 crore as of March 2025. During FY25, the company secured railway sector orders worth ₹1,014 crore.

The company specialises in the development, design, manufacturing and marketing of power semiconductors, electronic equipment, and railway transportation equipment.

At its intraday high of ₹1,388 on the NSE today, the stock was nearly 13% lower than the 52-week high level mark, while 111% above its 52-week low level. The stock price has more than doubled in the last one year, but has gained just 8% in the last one month. The stock has gained only slightly in 2025 so far.

By 09:59 am, 2.38 lakhs shares have changed hands on the NSE today and the total traded value for the said volume was ₹31.85 crore, according to the data available on NSE’s website. The company’s market capitalization was recorded at ₹2,233.89 crore.