Hind Rectifiers Limited has informed the Exchange about Bagging/Receiving of orders/contracts
HIRECT · price
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Hind Rectifiers Limited has informed the exchanges about winning a supply order from Indian Railways valued at approximately Rs. 101 crores. The order is domestic in nature and is to be executed over the period from FY 2025-26 to FY 2026-27, meaning deliveries will spread across roughly two financial years. The order has been awarded on the standard terms and conditions of the Railways. The company has clarified that the order does not involve any related party transaction and that promoters have no interest in the awarding entity.
This is a sizeable order from a credible government customer (Indian Railways), which should provide good revenue visibility for the next two years and strengthen the order book. For shareholders, it signals continued business momentum from a key PSU client, though the two-year execution window means the impact on any single quarter's results will be gradual.