Stock Report

Hind Rectifiers Ltd. commences commercial production of highly specialised Copper Conductors for the Transformer Industry

Posted On : 2025-11-04 00:07:20( TIMEZONE : IST )

Hind Rectifiers Limited, a leading manufacturer of Power Semiconductors, Power Electronic Equipments and Railway Transportation Systems, is pleased to announce the successful completion of its backward integration project and commencement of commercial production of critical and highly specialised Copper Conductors within the Company's Sinnar plant.

The project focuses on the in-house manufacturing of Continuously Transposed Conductors (CTC), Enamelled Paper Insulated Copper Conductor (EPICC), and Paper Insulated Copper Conductor (PICC) which are critical raw materials for the production of traction transformers.

The total capex incurred was ~INR 56 crore, which had been funded through the balance mix of term loans and the internal accruals.

This will help to enhance operational efficiency by streamlining the supply chain, addressing shortages of key raw materials and reducing dependence on external vendors. It will also ensure timely and uninterrupted supply of transformers to our customers, while helping us to avoid penalties previously incurred from Indian Railways.

Additionally, the project will strengthen the Company's operations by focusing on cost optimization and improving profit margins, thereby reinforcing the long-term sustainability and competitiveness of the business.

Commenting on the development, Mr. Suramya Nevatia, Chairman & Managing Director of Hind Rectifiers Limited, said: "This backward integration creates a new Vertical for us, these specialised copper conductors are fast moving products and have tremendous export potential. With this step, we are better positioned to meet the growing demand of not only our own traction transformers but also the Transformer Industry in general. Our copper facility will enable us to improve profitability, increase revenue and deliver greater value to our customers and stakeholders."

Shares of Hind Rectifiers Limited was last trading in BSE at Rs. 1869.45 as compared to the previous close of Rs. 1847.35. The total number of shares traded during the day was 3242 in over 643 trades.

The stock hit an intraday high of Rs. 1888.95 and intraday low of 1795.00. The net turnover during the day was Rs. 6009287.00.