Hirect Secures Order from the United States for IGBT Converters for the Mining Industry

Hirect has secured an order from the United States for IGBT Converters for the Mining Industry.

The order marks the Company's entry into the mining segment, where power electronics are required to operate in demanding environments with stringent requirements for robustness, reliability and uninterrupted performance. It reflects the company's engineering and manufacturing capabilities in delivering high-performance power electronic solutions for specialized industrial applications.

The order is aligned with the Company's long-term strategy of expanding its international business. Hirect will continue to pursue opportunities across global markets, supported by its engineering expertise and manufacturing base in India.

Shares of Hirect Limited was last trading in BSE at Rs. 1336.50 as compared to the previous close of Rs. 1309.40. The total number of shares traded during the day was 12240 in over 912 trades.

The stock hit an intraday high of Rs. 1366.90 and intraday low of 1295.75. The net turnover during the day was Rs. 16386547.00.

Source : Equity Bulls

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