This smallcap stock surged 10% for 2nd straight day; zoomed 186% in 1 year

Quick Summary:

Since September 19, 2024, in past four weeks, the stock price of Hind Rectifiers has soared 34 per cent after bagging a multiple orders over Rs 298 crore from Indian Railways.

There is growth potential to increase our market share of existing products, and introduce new products in a dynamically changing market, according to Hind Rectifiers.

In the past one year, the market price of Hind Rectifiers has appreciated by 186 per cent, as against 22 per cent rise in the benchmark index.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Hind Rectifiers share Hindi rectifier share price Converters Hind Rectifier stocks news Indian Railways Power semiconductor Vande Bharat Trains DPRS Railway transportation equipments Hind rectifier share price news Hind rectifies share news Power electronic equipments Distributed Power Rolling Stock Rectifiers Smallcap stock

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 11:57:32 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 534 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23098969

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Official Website: business-standard.com

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