Hind Rectifiers Share PriceHind Rectifiers

₹354.8
-7.2 (-1.99%)
As on 22 September, 2023 | 07:26 BSE: 504036 NSE: HIRECTISIN: INE835D01023

Hind Rectifiers Performance

Day Range

  • Low 354.8
  • High 359.5
354.8

52 Week Range

  • Low 180
  • High 394.7
354.8
  • Open Price0
  • Previous Close362
  • Volume499

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Hind Rectifiers Share Price

  • Over 1 Month 0.5%
  • Over 3 Month 21.2%
  • Over 6 Month 72.32%
  • Over 1 Year 53.33%

Hind Rectifiers Key Statistics

P/E Ratio -276.9
PEG Ratio 1.8
Market Cap Cr 608
Price to Book Ratio 5.4
EPS 2.6
Dividend 0
Relative Strength Index 50.85
Money Flow Index 64.03
MACD Signal 7.33
Average True Range 11.31

Hind Rectifiers Investment Rating

  • Master Rating:
  • Hind Rectifiers has an operating revenue of Rs. 384.04 Cr. on a trailing 12-month basis. An annual revenue de-growth of -4% needs improvement, Pre-tax margin of -2% needs improvement, ROE of -5% is poor and needs improvement. The company has a reasonable debt to equity of 22%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 41% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 37 which is a POOR score indicating inconsistency in earnings, a RS Rating of 80 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 15 indicates it belongs to a strong industry group of Elec-Misc Products and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Hind Rectifiers Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 98112977873102
Operating Expenses Qtr Cr 9110191807397
Operating Profit Qtr Cr 7117-205
Depreciation Qtr Cr 211111
Interest Qtr Cr 322222
Tax Qtr Cr 1-11-2-11
Net Profit Qtr Cr 2-22-4-22
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 359372
Operating Expenses Annual Cr 344350
Operating Profit Annual in Cr 1522
Depreciation Cr 54
Interest Annual Cr 87
Tax Annual Cr -23
Net Profit Annual Cr -68
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 836
Cash from Investing Activity Annual Cr -29-21
Cash from Financing Annual Activity Cr 21-16
Net Cash Flow Annual Cr 00
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 112107
Fixed Assets Annual Cr 10076
Total Non Current Assets Annual Cr 10782
Total Current Assets Annual Cr 186164
Total Assets Annual Cr 292246
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 6565
ROE Annual % -67
ROCE Annual % 713
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 46
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Hind Rectifiers Technicals

EMA & SMA

Current Price
₹354.8
-7.2 (-1.99%)
  • Bullish Moving Average
  • ___
  • 8
  • Bearish Moving Average
  • ___
  • 8
  • 20 Day
  • ₹356.82
  • 50 Day
  • ₹338.25
  • 100 Day
  • ₹308.78
  • 200 Day
  • ₹274.34
  • 20 Day
  • ₹362.7
  • 50 Day
  • ₹334.82
  • 100 Day
  • ₹300.71
  • 200 Day
  • ₹256.59

Hind Rectifiers Resistance and Support

PIVOT
₹356.37
Resistance
First Resistance ₹357.94
Second Resistance ₹361.07
Third Resistance ₹362.64
RSI 50.85
MFI 64.03
MACD Single Line 7.33
MACD 4.32
Support
First Resistance ₹353.24
Second Resistance ₹351.67
Third Resistance ₹348.54

Hind Rectifiers Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 638 63,800 100
Week 3,298 329,800 100
1 Month 6,379 637,881 100
6 Month 21,961 1,378,030 62.75

Hind Rectifiers Result Highlights

Hind Rectifiers Synopsis

NSE-Elec-Misc Products

Hind Rectifiers is involved in the business activities of Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus. Company’s Total Operating Revenue is Rs. 359.10 Cr. and Equity Capital is Rs. 3.42 Cr. for the Year ended 31/03/2023. Hind Rectifiers Ltd. is a Public Limited Listed company incorporated on 25/04/1958 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L28900MH1958PLC011077 and registration number is 011077.
Market Cap 608
Sales 384
Shares in Float 0.96
No of funds 7
Yield 0.13
Book Value 5.44
U/D Vol ratio 1.7
LTDebt / Equity 22
Alpha 0.16
Beta 1.01

Hind Rectifiers

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 44.08%44.08%42.25%42.25%
Mutual Funds
Foreign Portfolio Investors 6.26%6.26%6.47%6.47%
Financial Institutions/ Banks 0.01%0.01%0.01%0.01%
Individual Investors 30.18%30.32%31.29%29.2%
Others 19.47%19.33%19.98%22.07%

Hind Rectifiers Management

Name Designation
Mr. Pradeep V Goyal Chairman & Ind.Director
Mr. Suramya Nevatia Managing Director & CEO
Mrs. Akshada Nevatia Executive Director
Mr. Pawan Kumar Golyan Non Exe.Non Ind.Director
Mr. Parimal Merchant Independent Director
Mr. Ashlesha Bodas Independent Director
Mr. V K Bhartia Independent Director
Mr. Vandan Shah Independent Director

Hind Rectifiers Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Hind Rectifiers Corporate Action

Date Purpose Remarks
2023-08-08 Quarterly Results
2023-05-26 Audited Results
2023-02-02 Quarterly Results
2022-12-02 Others Inter-alia, to consider and approve the issuance of Sweat Equity shares to the Key Managerial Personnel of the Company, subject to requisite approvals. per share(20%)Final Dividend
2022-11-11 Quarterly Results
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  • CMP
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  • Company Name
  • CMP
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Hind Rectifiers FAQs

What is Share Price of Hind Rectifiers ?

Hind Rectifiers share price is ₹354 As on 22 September, 2023 | 07:12

What is the Market Cap of Hind Rectifiers ?

The Market Cap of Hind Rectifiers is ₹607.6 Cr As on 22 September, 2023 | 07:12

What is the P/E ratio of Hind Rectifiers ?

The P/E ratio of Hind Rectifiers is -276.9 As on 22 September, 2023 | 07:12

What is the PB ratio of Hind Rectifiers ?

The PB ratio of Hind Rectifiers is 5.4 As on 22 September, 2023 | 07:12

Q2FY23