India's Hind Rectifiers jumps exchange-allowed max of 5% on order win

Hirect

23/09/2024 05:27

** Shares of Hind Rectifiers  HRCT.NS  rise exchange-allowed
maximum of 5% to 858.95 rupees
    ** Power equipment maker gets order for over 2 billion
rupees (~$24 million) from Indian Railways
    ** HRCT set for best day in over a month
    ** Stock up ~59% so far this year after rising ~142% in 2023
 
 ($1 = 83.4575 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))