HIL is currently trading at Rs. 1698.15, up by 9.70 points or 0.57% from its previous closing of Rs. 1688.45 on the BSE.
The scrip opened at Rs. 1699.00 and has touched a high and low of Rs. 1700.00 and Rs. 1682.85 respectively. So far 596 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1880.00 on 27-Aug-2020 and a 52 week low of Rs. 497.15 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 1750.00 and Rs. 1610.80 respectively. The current market cap of the company is Rs. 1272.35 crore.
The promoters holding in the company stood at 40.91%, while Institutions and Non-Institutions held 13.01% and 46.09% respectively.
HIL (India) has added additional capacities and commenced the production of various products under CpVC & UpVC Pipes range at its plant located at Thimmapur, Telangana. HIL continues to diversify, invest and expand its plumbing solutions business with an extended portfolio range.
The company has commenced commercial production of UpVC & Column Pipes from October 5, 2020 in Pipes & Fittings category. The product will be catering to both domestic and international markets. The total additional installed capacity is 1920 MT/P.A (i.e UpVC & Column Pipes).
HIL is a leading player in asbestos cement sheet (ACS) for roofing, from which it derives 70 per cent of its revenue at present.