Hind Rectifiers gains on incorporating wholly-owned subsidiary in UAE
Hind Rectifiers is currently trading at Rs. 1128.20, up by 10.00 points or 0.89% from its previous closing of Rs. 1118.20 on the BSE.
The scrip opened at Rs. 1122.05 and has touched a high and low of Rs. 1136.75 and Rs. 1074.65 respectively. So far 4229 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1210.60 on 29-May-2026 and a 52 week low of Rs. 555.53 on 15-Jul-2025.
Last one week high and low of the scrip stood at Rs. 1177.00 and Rs. 1,074.65 respectively. The current market cap of the company is Rs. 3907.26 crore.
The promoters holding in the company stood at 43.93%, while Institutions and Non-Institutions held 6.52% and 49.57% respectively.
Hind Rectifiers has incorporated a wholly-owned subsidiary (WOS) namely Hirect Global Holdings, in Dubai International Financial Centre, United Arab Emirates (UAE), on June 25, 2026. Hirect GHL shall act as an investment holding company to oversee the investments globally.
