RIR Power Electronics is currently trading at Rs. 2117.00, reflecting an increase of 68.20 points or 3.33% from its previous close of Rs. 2048.80 on the BSE.
The stock opened at Rs. 2151.20, reaching a high of Rs. 2151.20 and a low of Rs. 2071.00. A total of 89,742 shares have been traded so far.
This BSE 'X' group stock, with a face value of Rs. 10, has recorded a 52-week high of Rs. 2310.00 on April 29, 2024, and a 52-week low of Rs. 566.75 on October 19, 2023.
Over the last week, the stock has hit a high of Rs. 2151.20 and a low of Rs. 1910.00. The company currently has a market capitalization of Rs. 1467.25 crore.
Promoters hold 69.00% of the company's shares, while institutions hold 0.03%, and non-institutions hold 30.97%.
RIR Power Electronics has strategically expanded into high-growth sectors with advanced products and solutions, marking a significant step in its growth strategy. The company has successfully ventured into new and emerging markets such as Railways, Defence, Clean Energy, Hydrocarbons, and Mining, broadening its reach beyond the power sector. This new business segment offers the company a unique opportunity to leverage its core strengths and technologies.
RIR Power Electronics specializes in the manufacturing of Power Semiconductors.