Hirect zooms on winning order worth Rs 60 crore from Indian Railways
Hirect is currently trading at Rs. 1352.00, up by 51.75 points or 3.98% from its previous closing of Rs. 1300.25 on the BSE.
The scrip opened at Rs. 1341.60 and has touched a high and low of Rs. 1358.00 and Rs. 1321.00 respectively. So far 3508 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1400.00 on 16-Jul-2026 and a 52 week low of Rs. 568.55 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 1,358.00 and Rs. 1226.10 respectively. The current market cap of the company is Rs. 4743.12 crore.
The promoters holding in the company stood at 43.92%, while Institutions and Non-Institutions held 6.76% and 49.32% respectively.
Hirect has secured an order worth around Rs 60 crore form Modern Coach Factory (MCF) / Indian Railways. The order is for supply of complete Propulsion Systems for 4 Mainline Electric Multiple Unit (MEMU) trainsets. The order is to be executed within 24 months.
In addition, the company has secured its first development order for Vande Metro (Namo Bharat) trainset from Indian Railways. Broad consideration or size of the order is around Rs 60 crore. The order is to be executed within 21 months.
