
Award25 Jul 2026, 10:50 pm
Hind Rectifiers Secures ₹60 Cr Vande Metro Trainset Order
AI Summary
Hind Rectifiers Ltd (Hirect Limited) has announced securing its first development order for the Vande Metro (Namo Bharat) trainset from Indian Railways. The significant domestic supply order is valued at approximately ₹60 crores and is expected to be executed within 21 months. This marks a key development for the company in the railway sector, indicating potential for future growth and participation in major infrastructure projects. The order does not involve promoters or related parties.
Key Highlights
- Secured first development order for Vande Metro trainset.
- Order valued at approximately ₹60 crores from Indian Railways.
- Execution timeline set for within 21 months.
- This is a domestic supply order.
- No promoter or related party interest involved.
Price Impact
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