HIRECT

Hind Rectifiers Share Price

₹863.8
-7.15 (-0.82%)
18 September, 2024 02:37 BSE: 504036 NSE: HIRECT ISIN: INE835D01023

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Hind Rectifiers Performance

Day Range

  • Low 855
  • High 887
₹ 863

52 Week Range

  • Low 333
  • High 1,013
₹ 863
  • Open Price870
  • Previous Close871
  • Volume8440

Hind Rectifiers Chart

  • Over 1 Month + 6.39%
  • Over 3 Month + 26.28%
  • Over 6 Month + 45.88%
  • Over 1 Year + 145.5%

Hind Rectifiers Key Statistics

P/E Ratio 84.4
PEG Ratio 0.1
Market Cap Cr
Price to Book Ratio 11.9
EPS 10.1
Dividend 0.1
Relative Strength Index 46.82
Money Flow Index 42.67
MACD Signal 21.6
Average True Range 41.45

Hind Rectifiers Investment Rating

  • Master Rating:
  • Hind Rectifiers has an operating revenue of Rs. 555.50 Cr. on a trailing 12-month basis. An annual revenue growth of 44% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 10% is good. The company has a reasonable debt to equity of 19%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 29% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 5% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 70 which is a FAIR score but needs to improve its earnings, a RS Rating of 79 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 16 indicates it belongs to a strong industry group of Elec-Misc Products and a Master Score of B is close to being the best. Institutional holding has remained stable in the last reported quarter. Overall, the stock definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Hind Rectifiers Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 13615113713298112
Operating Expenses Qtr Cr 12113812312191101
Operating Profit Qtr Cr 14141311711
Depreciation Qtr Cr 222221
Interest Qtr Cr 343332
Tax Qtr Cr 33021-1
Net Profit Qtr Cr 75242-2
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 518359
Operating Expenses Annual Cr 473344
Operating Profit Annual in Cr 4415
Depreciation Cr 75
Interest Annual Cr 138
Tax Annual Cr 5-2
Net Profit Annual Cr 13-6
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 348
Cash from Investing Activity Annual Cr -19-29
Cash from Financing Annual Activity Cr -1421
Net Cash Flow Annual Cr 00
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 125112
Fixed Assets Annual Cr 112100
Total Non Current Assets Annual Cr 122107
Total Current Assets Annual Cr 209186
Total Assets Annual Cr 331292
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 7365
ROE Annual % 10-6
ROCE Annual % 247
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 94
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Hind Rectifiers Technicals

EMA & SMA

Current Price
₹863.8
-7.15 (-0.82%)
pointer
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹885.85
  • 50 Day
  • ₹840.12
  • 100 Day
  • ₹778.38
  • 200 Day
  • ₹686.43
  • 20 Day
  • ₹915.40
  • 50 Day
  • ₹828.77
  • 100 Day
  • ₹763.38
  • 200 Day
  • ₹682.66

Hind Rectifiers Resistance and Support

PIVOT
₹868.79
Resistance
First Resistance 882.47
Second Resistance 901.13
Third Resistance 914.82
RSI 46.82
MFI 42.67
MACD Single Line 21.60
MACD 9.72
Support
First Support 850.12
Second Support 836.43
Third Supoort 817.77

Hind Rectifiers Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 10,086 657,405 65.18
Week 18,128 1,043,108 57.54
1 Month 44,281 2,696,251 60.89
6 Month 46,773 2,587,031 55.31

Hind Rectifiers Result Highlights

Hind Rectifiers Synopsis

NSE-Elec-Misc Products

Hind Rectifiers is involved in the business activities of Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus. Company’s Total Operating Revenue is Rs. 517.55 Cr. and Equity Capital is Rs. 3.43 Cr. for the Year ended 31/03/2024. Hind Rectifiers Ltd. is a Public Limited Listed company incorporated on 25/04/1958 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L28900MH1958PLC011077 and registration number is 011077.
Market Cap 1,493
Sales 555
Shares in Float 0.96
No of funds 9
Yield 0.14
Book Value 11.99
U/D Vol ratio 2.1
LTDebt / Equity 19
Alpha 0.31
Beta 0.97

Hind Rectifiers Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 44.05%44.05%44.08%44.08%
Mutual Funds
Foreign Portfolio Investors 5.82%5.76%5.72%6.26%
Financial Institutions/ Banks 0.01%0.01%0.01%0.01%
Individual Investors 30.42%30.56%30.82%30.06%
Others 19.7%19.62%19.37%19.59%

Hind Rectifiers Management

Name Designation
Mr. Pradeep V Goyal Chairman & Ind.Director
Mr. Suramya Nevatia Managing Director & CEO
Mrs. Akshada Nevatia Executive Director
Mr. Parimal Merchant Non Exe.Non Ind.Director
Mr. Vandan Shah Independent Director
Mr. Ashlesha Bodas Independent Director
Mr. V K Bhartia Independent Director
Mr. Vishal Pacheriwala Independent Director

Hind Rectifiers Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Hind Rectifiers Corporate Action

Date Purpose Remarks
2024-08-01 Quarterly Results
2024-05-28 Audited Results & Final Dividend
2024-02-08 Quarterly Results & ESOP
2023-11-04 Quarterly Results
2023-08-08 Quarterly Results

Hind Rectifiers MF Shareholding

Name Amount(cr)

Hind Rectifiers FAQs

What is Share Price of Hind Rectifiers ?

Hind Rectifiers share price is ₹863 As on 18 September, 2024 | 02:23

What is the Market Cap of Hind Rectifiers ?

The Market Cap of Hind Rectifiers is ₹1480.4 Cr As on 18 September, 2024 | 02:23

What is the P/E ratio of Hind Rectifiers ?

The P/E ratio of Hind Rectifiers is 84.4 As on 18 September, 2024 | 02:23

What is the PB ratio of Hind Rectifiers ?

The PB ratio of Hind Rectifiers is 11.9 As on 18 September, 2024 | 02:23

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