Hind Rectifiers Limited (HIRECT) — Related Party Transaction | 26 July 2026

· NSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Hirect wins first MEMU propulsion order from MCF
🔄 What Changed
First MEMU propulsion order awarded
🔮 What's Next
Execution within 24 months
💡 Investor Takeaway
This order marks Hirect's entry into Indian Railways' MEMU market with a ₹60 crore contract.

Hirect Limited announced it has secured its first order to supply complete propulsion systems for four MEMU trainsets from Modern Coach Factory, valued at approximately ₹60 crores, with execution required within 24 months.

📄 View Original Announcement (PDF)

About Hind Rectifiers Limited (HIRECT)

Capital Goods · Industrial Manufacturing · Listed on NSE

Market Cap: ₹3,252.82 Cr P/E: 64.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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