Hirect Limited
Vanaja Sundar Iyer has slipped off Hirect Limited's disclosed shareholder list this quarter. After previously holding a 1.02 percent stake, Vanaja Sundar Iyer either exited the position entirely or trimmed it below the 1 percent reporting threshold.
A manufacturer of power electronic equipment and railway transformation systems, Hind Rectifiers produces converters, inverters, rectifiers, traction transformers, and locomotive components for India's railway and industrial sectors. The company designs and manufactures specialized electrical equipment including regulated battery chargers, modular pantry units, and various switchboard panels for locomotives. Operating manufacturing facilities across Maharashtra and Uttarakhand, it serves as a key supplier to the railway industry.
Compared frequently to Dolly Khanna, for good reason. Vanaja Sundar Iyer quietly builds positions in manufacturing, automotive, industrials, chemicals, and real estate that India's fund managers don't own. Her ~₹888-1,198 Cr disclosed portfolio includes Tanfac Industries, Vesuvius India, and Force Motors, a track record of multi-year multibaggers in deeply under-followed companies. Chennai-based. No hype, just performance.