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Hind Rectifiers NSEI:HIRECT Stock Report

Last Price

₹725.50

Market Cap

₹12.5b

7D

19.0%

1Y

237.9%

Updated

24 Apr, 2024

Data

Company Financials

Hind Rectifiers Limited

NSEI:HIRECT Stock Report

Market Cap: ₹12.5b

HIRECT Stock Overview

Hind Rectifiers Limited engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally.

HIRECT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

Hind Rectifiers Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hind Rectifiers
Historical stock prices
Current Share Price₹725.50
52 Week High₹824.00
52 Week Low₹210.25
Beta0.33
1 Month Change21.70%
3 Month Change26.76%
1 Year Change237.91%
3 Year Change499.09%
5 Year Change480.40%
Change since IPO60.23%

Recent News & Updates

Hind Rectifiers Limited's (NSE:HIRECT) Shares Climb 27% But Its Business Is Yet to Catch Up

Apr 20
Hind Rectifiers Limited's (NSE:HIRECT) Shares Climb 27% But Its Business Is Yet to Catch Up

Returns On Capital At Hind Rectifiers (NSE:HIRECT) Paint A Concerning Picture

Apr 05
Returns On Capital At Hind Rectifiers (NSE:HIRECT) Paint A Concerning Picture

Hind Rectifiers Limited's (NSE:HIRECT) 34% Share Price Surge Not Quite Adding Up

Mar 02
Hind Rectifiers Limited's (NSE:HIRECT) 34% Share Price Surge Not Quite Adding Up

Recent updates

Hind Rectifiers Limited's (NSE:HIRECT) Shares Climb 27% But Its Business Is Yet to Catch Up

Apr 20
Hind Rectifiers Limited's (NSE:HIRECT) Shares Climb 27% But Its Business Is Yet to Catch Up

Returns On Capital At Hind Rectifiers (NSE:HIRECT) Paint A Concerning Picture

Apr 05
Returns On Capital At Hind Rectifiers (NSE:HIRECT) Paint A Concerning Picture

Hind Rectifiers Limited's (NSE:HIRECT) 34% Share Price Surge Not Quite Adding Up

Mar 02
Hind Rectifiers Limited's (NSE:HIRECT) 34% Share Price Surge Not Quite Adding Up

Does Hind Rectifiers (NSE:HIRECT) Have A Healthy Balance Sheet?

Nov 09
Does Hind Rectifiers (NSE:HIRECT) Have A Healthy Balance Sheet?

Would Hind Rectifiers (NSE:HIRECT) Be Better Off With Less Debt?

Aug 05
Would Hind Rectifiers (NSE:HIRECT) Be Better Off With Less Debt?

Some Investors May Be Worried About Hind Rectifiers' (NSE:HIRECT) Returns On Capital

May 26
Some Investors May Be Worried About Hind Rectifiers' (NSE:HIRECT) Returns On Capital

Is Hind Rectifiers (NSE:HIRECT) A Risky Investment?

Sep 13
Is Hind Rectifiers (NSE:HIRECT) A Risky Investment?

Hind Rectifiers (NSE:HIRECT) Has Announced A Dividend Of ₹0.40

Jul 22
Hind Rectifiers (NSE:HIRECT) Has Announced A Dividend Of ₹0.40

Hind Rectifiers (NSE:HIRECT) Has Announced A Dividend Of ₹0.40

Jul 08
Hind Rectifiers (NSE:HIRECT) Has Announced A Dividend Of ₹0.40

Hind Rectifiers (NSE:HIRECT) Is Looking To Continue Growing Its Returns On Capital

Apr 06
Hind Rectifiers (NSE:HIRECT) Is Looking To Continue Growing Its Returns On Capital

The Return Trends At Hind Rectifiers (NSE:HIRECT) Look Promising

Jan 03
The Return Trends At Hind Rectifiers (NSE:HIRECT) Look Promising

Hind Rectifiers (NSE:HIRECT) Has A Somewhat Strained Balance Sheet

Dec 10
Hind Rectifiers (NSE:HIRECT) Has A Somewhat Strained Balance Sheet

Hind Rectifiers (NSE:HIRECT) Has A Somewhat Strained Balance Sheet

Aug 25
Hind Rectifiers (NSE:HIRECT) Has A Somewhat Strained Balance Sheet

What To Know Before Buying Hind Rectifiers Limited (NSE:HIRECT) For Its Dividend

May 03
What To Know Before Buying Hind Rectifiers Limited (NSE:HIRECT) For Its Dividend

Declining Stock and Decent Financials: Is The Market Wrong About Hind Rectifiers Limited (NSE:HIRECT)?

Mar 05
Declining Stock and Decent Financials: Is The Market Wrong About Hind Rectifiers Limited (NSE:HIRECT)?

What Do The Returns At Hind Rectifiers (NSE:HIRECT) Mean Going Forward?

Feb 14
What Do The Returns At Hind Rectifiers (NSE:HIRECT) Mean Going Forward?

Hind Rectifiers Limited (NSE:HIRECT) Is An Attractive Dividend Stock - Here's Why

Jan 27
Hind Rectifiers Limited (NSE:HIRECT) Is An Attractive Dividend Stock - Here's Why

Hind Rectifiers (NSE:HIRECT) Takes On Some Risk With Its Use Of Debt

Jan 09
Hind Rectifiers (NSE:HIRECT) Takes On Some Risk With Its Use Of Debt

Need To Know: Hind Rectifiers Limited (NSE:HIRECT) Insiders Have Been Buying Shares

Dec 22
Need To Know: Hind Rectifiers Limited (NSE:HIRECT) Insiders Have Been Buying Shares

Hind Rectifiers Limited's (NSE:HIRECT) Stock Is Going Strong: Is the Market Following Fundamentals?

Dec 04
Hind Rectifiers Limited's (NSE:HIRECT) Stock Is Going Strong: Is the Market Following Fundamentals?

Shareholder Returns

HIRECTIN ElectricalIN Market
7D19.0%3.0%1.4%
1Y237.9%105.6%46.1%

Return vs Industry: HIRECT exceeded the Indian Electrical industry which returned 105.6% over the past year.

Return vs Market: HIRECT exceeded the Indian Market which returned 46.1% over the past year.

Price Volatility

Is HIRECT's price volatile compared to industry and market?
HIRECT volatility
HIRECT Average Weekly Movement9.4%
Electrical Industry Average Movement7.7%
Market Average Movement6.8%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: HIRECT has not had significant price volatility in the past 3 months.

Volatility Over Time: HIRECT's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1958416Saurabh Nevatiahirect.com

Hind Rectifiers Limited engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally. The company provides various traction and aux transformers, IGBT propulsion systems, auxiliary converters and battery chargers, on-board DC rectifiers, traction motors, panels, electrical switch boards, power supplies, safety and protection electronics, and rolling stock HVAC systems for railways, as well as electrostatic precipitators, power quality improvement solutions, and special and current rectifiers for electrochemical industries. In addition, it offers repairing and servicing, AMC and erectioning, and commissioning services.

Hind Rectifiers Limited Fundamentals Summary

How do Hind Rectifiers's earnings and revenue compare to its market cap?
HIRECT fundamental statistics
Market cap₹12.47b
Earnings (TTM)₹49.38m
Revenue (TTM)₹4.78b

252.6x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HIRECT income statement (TTM)
Revenue₹4.78b
Cost of Revenue₹3.56b
Gross Profit₹1.22b
Other Expenses₹1.17b
Earnings₹49.38m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.88
Gross Margin25.57%
Net Profit Margin1.03%
Debt/Equity Ratio94.5%

How did HIRECT perform over the long term?

See historical performance and comparison
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