985.4000 -6.45 (-0.65%)
NSE Apr 17, 2025 15:31 PM
Volume: 18,539
 

985.40
-0.65%
ICICI Securities Limited
Strong order inflows, traction in execution to drive growth Sizeable order wins for HRL have translated to a record high order book of | 340 crore, (85:15 mix in favour of railways & industrials segment) with railways being the major client. The company expects | 160-170 crore worth of orders to be executed in H2FY20E providing strong revenue visibility for the year. HRL is currently L1 in orders worth | 350 crore suggesting strong order inflows in the medium term. It received orders worth | 100 crore for Q2FY20. Post Budget 2021, railway tendering activity is expected to further...
Hind Rectifiers Ltd. has gained 18.39% in the last 1 Month
More from Hind Rectifiers Ltd.
Recommended