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Hind Rectifiers Limited ( (IN:HIRECT) ) has shared an announcement.
Hind Rectifiers Limited has completed the expansion and backward integration at its Sinnar plant, enabling the production of continuously transposed conductors, enameled paper insulated copper conductors, and paper insulated copper conductors. This strategic move is expected to enhance operational efficiency by streamlining the supply chain, reducing reliance on external vendors, and optimizing costs, thereby improving margins and strengthening the company’s business operations.
More about Hind Rectifiers Limited
Hind Rectifiers Limited operates in the electrical manufacturing industry, specializing in the production of rectifiers, transformers, and other electrical components. The company focuses on providing high-quality electrical solutions and has a significant presence in the Indian market.
Average Trading Volume: 13,057
Technical Sentiment Signal: Buy
Current Market Cap: 29.13B INR
Find detailed analytics on HIRECT stock on TipRanks’ Stock Analysis page.