The management expects the positive trend to continue in the coming quarters supported by change in the product mix and the momentum gained on the distribution pillars of direct, digital and partnerships.
Banking stocks were trading in red, with the S&P BSE BANKEX index decreasing 400.25 points or 0.92% at 43081.02 at 13:51 IST.
Earlier in March, Hind Rectifiers also bagged prestigious order worth Rs57.32 crore.
The facility has commenced the production from April 04, 2022.
Information Technology stocks were trading in red, with the S&P BSE IT Sector index decreasing 461.87 points or 1.26% at 36121.19 at 13:51 IST.
Pankaj will take charge of the office of Vineet Garg who shall relinquish his office effective from April 10, 2022.
Financials stocks were trading with losses, with the S&P BSE Finance index decreasing 90.66 points or 1.08% at 8284.73 at 13:51 IST.
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