Hind Rectifiers announces 1:1 bonus issue, Q3 profit rises 37%

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HIRECT · price

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Price reactionminutes from the announcement price · days from the prior close

-2.6%Reaction day

₹710.80

prior close

₹732.60

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-2.1% vs market

Industrial Products peers, median of 119sector-0.5%-2.1% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.1 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-2.6-0.5-2.1-0.5-2.1

Next day

-5.0-1.0-4.0-1.4-3.7

-4.5-2.5-2.0-2.5-2.0

-10.4-3.2-7.2-3.9-6.5

-8.2-2.2-5.9-3.4-4.8

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15d

-4.5-8.8+4.3-8.1+3.6

+1.1-9.3+10.4-10.0+11.1

+17.2-4.5+21.7-5.2+22.4

+29.2+5.4+23.9+3.1+26.1

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 119Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved 1:1 bonus issue, allotting 1,71,83,807 new equity shares of Rs 2 each by capitalising the securities premium account, subject to shareholder approval via postal ballot. Record date to be notified later. Q3 FY26 standalone revenue grew 44 percent YoY to Rs 243.27 crore; net profit Rs 13.73 crore versus Rs 10.01 crore. Nine month net profit Rs 41.29 crore versus Rs 27.12 crore. Also invested Rs 90 lakh in subsidiary Coincade Studios and granted 1 lakh ESOPs at Rs 800 per option.

Likely market impact

1:1 bonus doubles share count but lowers price proportionally, no real value change. Signals confidence backed by strong reserves.