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Hind Rectifiers Limited
Share Price Target & Analysis

NSE:HIRECT

728.99

VWAP

728.95

Open

703.95

Close

734.40

High

714.05

Low

824.00

52 Week High

731.65 ⇧
12.80 (1.78%)

HIRECT

(INDUSTRIAL MANUFACTURING)
84.9% Momentum

Trending & Favourite

210.55

52 Week Low

2.88

EPS

154.37

PE

11.66

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: HIRECT Share Price Financial Analysis & Valuation

Hind Rectifiers Limited (HIRECT) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Electricals vertical. It is one of Micro Cap company with Market Capitalization of Rs 367.4 (in Cr). Total number of free float shares are 1.7 (in Lacs). Hind Rectifiers Limited is listed on NSE with Exchange ID - INE835D01023 and trading code is NSE:HIRECT with short name Hind Rectifiers.

In the past 1 year, Hind Rectifiers Limited has declared an equity dividend of Rs 0.4 per share. At the current share price of HIRECT at Rs 731.65, this results in a dividend yield of 0.05 %.

As per the Fundamental Analysis of NSE:HIRECT, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine HIRECT underlying value and future prospects. All of this data is available in HIRECT financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:HIRECT, it is clearly understood that HIRECT is Economical performer in terms of earnings and profit margins with an EPS of 2.88. NSE:HIRECT book value per share as of today is 62.76. The current price to book ratio for HIRECT as of May 18, 2024 is 11.66.

Valuation of the Stock: The current valuation of HIRECT stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of HIRECT whether to BUY this stock at current valuation. The delivery percentage of HIRECT is 49.89% is very crucial parameter which shows that 49.89% investors are anticipating that the price of HIRECT share should go up with VWAP at 728.99.

Now, the main question is whether to BUY or SELL, NSE:HIRECT at current valuation.
As per latest Analysis No. #692:-

⇑ STRONG BUY HIRECT if All Greens

⇗ BUY HIRECT (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD HIRECT (With Stop Loss) if only 1 Green

⇘ SELL HIRECT if NO Green Indicator

NSE: HIRECT Share Price Today (May 18, 2024)

(Hind Rectifiers Limited Daily Analysis on the basis of HIRECT Intraday Graph & Trend)

Hind Rectifiers Limited share price moved Up by 1.78% from its previous close of Rs 703.95. HIRECT stock last traded price is 731.65. HIRECT share price trend is Up with a total of 1406 stocks traded till now. It has touched an intraday high of Rs 734.40 and an intraday low of Rs 714.05. The HIRECT trading at 731.65, Up by Rs. 12.80, or 1.78 percent which suggests that most of the Traders are anticipating that the price of HIRECT share should go Up.

NSE: HIRECT Share Price Tomorrow Prediction

(Hind Rectifiers Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of HIRECT)

Hind Rectifiers Limited share price moved Up by 1.78%. HIRECT share price short term trend is Up. It suggests that HIRECT Share Price for Tomorrow remains the same with VWAP at 728.99 will be treated as stop loss for intraday traders. Hind Rectifiers Limited Long term investors can follow the HIRECT long term trend as mentiond in future forecast table.

NSE Code

NSE: HIRECT

HIRECT Share Price Today

 731.65

HIRECT Share Price Target Prediction for 2024 ^

 499 - 828.1

HIRECT Share Price Target Prediction for 2025*^

 828.1 - 882.2

HIRECT Share Price Target Prediction for 2026*^

 882.2 - 944

HIRECT Share Price Target Prediction for 2027*^

 991

HIRECT Share Price Target Prediction for 2028*^

 1020

HIRECT Share Price Target Prediction for 2030*^

 1111
HIRECT Current Book Value 2023
62.4

*Hind Rectifiers Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^HIRECT share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

HIRECT Technical Analysis

Candlestick Pattern: @710.35

HIRECT Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 679.39 BUY 689.8 BUY
MA_12 700.35 BUY 691.98 BUY
MA_20 707.39 BUY 689.38 BUY
MA_32 673.83 BUY 677.93 BUY
MA_50 667.67 BUY 664.02 BUY
MA_100 626.25 BUY 630.27 BUY
MA_200 521.88 BUY 536.65 BUY

HIRECT Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 707.39 Uptrend
MACD -5.81 SELL
ADX 15.55 NO or Weak Trend
DMI (+/-) 26.39 / 18.23 Uptrend

HIRECT Momentum Oscillators

BUY (4) NEUTRAL (7) SELL (1)
Momentum Oscillators Value Action
RSI 54.64 Neutral
STOCHASTIC_K (Fast) 82.14 Overbought
STOCHASTIC_D (Slow) 58.47 Neutral
CCI 1.85 Neutral
PSAR 778.1 SELL
TRUE RANGE 34.3 Neutral
ATR 40.24 Neutral
WILLIAMS R -58.37 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 89.11 Overbought
MOMENTUM 82.15 BUY

HIRECT Last 1 Year Trend

Duration Value
1 Year 253.76%
3 Months 25.64%
1 Month 13.08%
1 Week 5.35%

HIRECT Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 67%
NEUTRAL / HOLD 27%
SELL 7%

Most popular Questions & Answers about HIRECT


Hind Rectifiers Limited stock last traded price is 731.65. HIRECT share price moved Up by 1.78% from its previous close of Rs 703.95.

Hind Rectifiers Limited share price trend is Up with a total of 1406 stocks traded till now. It has touched an intraday high of Rs 832.24 and an intraday low of Rs 714.05. The HIRECT trading at 731.65, Up by Rs. 12.80, or 1.78 percent which suggests that most of the Traders are anticipating that the price of HIRECT share should go Up and the Stop Loss will be around 728.99.

The market cap of Hind Rectifiers Limited is ₹367.4 (in Cr) as of May 17, 2024.

The current price to earning ratio for Hind Rectifiers Limited as of May 17, 2024 is 154.37.

The current price to book ratio for Hind Rectifiers Limited as of May 17, 2024 is 11.66.

The highest price of Hind Rectifiers Limited stock is ₹824.00 in the last 52-week.

The lowest price of Hind Rectifiers Limited stock is ₹210.55 in the last 52-week.

Hind Rectifiers Limited share trading at ₹731.65, Up by Rs. 12.80, or 1.78 percent which suggests that most of the traders are anticipating that the price of HIRECT share should go Up.

In 2023, Stock price target for Hind Rectifiers Limited (HIRECT) are ₹499 on downside and ₹828.1 on upside. Hind Rectifiers Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Hind Rectifiers Limited (HIRECT) are ₹828.1 on downside and ₹882.2 on upside. Hind Rectifiers Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Hind Rectifiers Limited (HIRECT) are ₹882.2 on downside and ₹944 on upside. Hind Rectifiers Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Hind Rectifiers Limited (HIRECT) will be around ₹1020 Hind Rectifiers Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of HIRECT.

As per the fundamental analysis of Hind Rectifiers Limited (HIRECT), it is of Economical quality in terms of earnings and profit margins with an EPS of 2.88. Hind Rectifiers Limited book value per share as of today is 62.76. The current price to book ratio for HIRECT as of May 18, 2024 is 11.66.


NSE:HIRECT News & Other Useful Information about HIRECT Share Price


Peer Comparison of NSE: HIRECT

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Electricals

Company Price EPS BV
DIXON 8938.40 31.04 233.08
CROMPTON 391.90 6.8 44.17
GENUSPOWER 314.10 1.85 32.56
CENTUM 1905.00 39.08 219.3
HIRECT 731.65 2.88 62.76
SERVOTECH 84.65 0.51 22.8
DELTAMAGNT 100.30 0 31.45
ZICOM 0.00 0 -38.13
GOLDSTAR 13.65 0 1
Updated at: 17 May 2024 15:44

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