Hind Rectifiers has received a big order from the Indian Railways. The company has sent its information to the stock market late on Saturday night. According to the information given by the company, this is a supply order whose size is more than Rs 200 crore. Hind Rectifiers designs and manufactures electrical and electronic equipment. Apart from railways, the company is providing its services to the defense sector, aviation sector, atomic power plant, chemical sector, oil and gas and petrochemical sector.

The stock has given strong returns to investors

The stock of Hind Rectifiers has given strong returns to its investors. In the last one year, the return of the stock has been more than 125 percent, while in 3 years the return has been 327 percent. That is, the money of the investors has more than doubled in one year and more than 4 times in 3 years. However, some decline is being seen in the stock in the short term. On Friday, the stock closed at 818 with a gain of 2.44 percent. Even after this increase, the stock has fallen by about 9 percent in the last one month. At the end of last month, the stock had touched the highest level of the year at 1010.8. The stock has fallen 19 percent from its highest level so far. How was the performance of the company In the June quarter, the standalone income of the company stood at Rs 135.35 crore with a growth of 39 percent compared to last year. At the same time, the quarterly profit of the company has been around Rs 7 crore with a growth of 265 percent. EBITDA has grown by 124 percent on a year-on-year basis and EBITDA has been Rs 15 crore.