Hisar Metal Inds.
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Forensics
Recent events
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Nov 19 (Reuters) - Hisar Metal Industries Ltd HISR.NS:
RECEIVED INSURANCE CLAIM SETTLEMENT AMOUNTING TO 16.5 MILLION RUPEES
Source text: ID:nNSE8ym4s
Further company coverage: HISR.NS
(([email protected];;))
Nov 19 (Reuters) - Hisar Metal Industries Ltd HISR.NS:
RECEIVED INSURANCE CLAIM SETTLEMENT AMOUNTING TO 16.5 MILLION RUPEES
Source text: ID:nNSE8ym4s
Further company coverage: HISR.NS
(([email protected];;))
** Shares of stainless-steel strips maker Hisar Metal Industries HISR.NS up 3.8%
** Co begins production at foil mill for ultra thin material
** Stock jumps to session's high of 5.6% after the news, from gains of 2.8% just before
** HISR also boosted, along with other metal stocks .NIFTYMET, as prices of most base metals rise globally MET/L
** HISR now up 1%, set to snap three-week losing run
** HISR down ~16% YTD; it jumped ~56% in 2023 vs ~19% rise in NIFTYMET
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of stainless-steel strips maker Hisar Metal Industries HISR.NS up 3.8%
** Co begins production at foil mill for ultra thin material
** Stock jumps to session's high of 5.6% after the news, from gains of 2.8% just before
** HISR also boosted, along with other metal stocks .NIFTYMET, as prices of most base metals rise globally MET/L
** HISR now up 1%, set to snap three-week losing run
** HISR down ~16% YTD; it jumped ~56% in 2023 vs ~19% rise in NIFTYMET
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Jan 22 (Reuters) - Hisar Metal Industries Ltd HISR.NS:
FIRE AFFECTED SECTION OF MANUFACTURING PLANT HAS BECOME OPERATIONAL, RESUMED PRODUCTION
Source text for Eikon: ID:nNSE3K2xkm
Further company coverage: HISR.NS
(([email protected];))
Jan 22 (Reuters) - Hisar Metal Industries Ltd HISR.NS:
FIRE AFFECTED SECTION OF MANUFACTURING PLANT HAS BECOME OPERATIONAL, RESUMED PRODUCTION
Source text for Eikon: ID:nNSE3K2xkm
Further company coverage: HISR.NS
(([email protected];))
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What does Hisar Metal Inds. do?
Hisar Metal Industries Ltd. was established in 1991 in Hisar, Haryana. It specializes in producing high-precision, ultra-thin stainless steel strips in the 'Stainless Steel City of India.'
Who are the competitors of Hisar Metal Inds.?
Hisar Metal Inds. major competitors are Steelco Gujarat, Mangalam Alloys, Garg Furnace, Excellent Wires&Pack, Zenith Steel Pipes, Prakash Steelage, Aditya Ultra Steel. Market Cap of Hisar Metal Inds. is ₹85 Crs. While the median market cap of its peers are ₹79 Crs.
Is Hisar Metal Inds. financially stable compared to its competitors?
Hisar Metal Inds. seems to be less financially stable compared to its competitors. Altman Z score of Hisar Metal Inds. is 3.22 and is ranked 4 out of its 8 competitors.
Does Hisar Metal Inds. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Hisar Metal Inds. latest dividend payout ratio is 16.99% and 3yr average dividend payout ratio is 10.09%
How has Hisar Metal Inds. allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Accounts Receivable
How strong is Hisar Metal Inds. balance sheet?
Balance sheet of Hisar Metal Inds. is strong. But short term working capital might become an issue for this company.
Is the profitablity of Hisar Metal Inds. improving?
The profit is oscillating. The profit of Hisar Metal Inds. is ₹3.38 Crs for TTM, ₹3.18 Crs for Mar 2025 and ₹6.47 Crs for Mar 2024.
Is the debt of Hisar Metal Inds. increasing or decreasing?
Yes, The net debt of Hisar Metal Inds. is increasing. Latest net debt of Hisar Metal Inds. is ₹81.92 Crs as of Mar-26. This is greater than Mar-25 when it was ₹62.68 Crs.
Is Hisar Metal Inds. stock expensive?
Yes, Hisar Metal Inds. is expensive. Latest PE of Hisar Metal Inds. is 24.64, while 3 year average PE is 16.83. Also latest EV/EBITDA of Hisar Metal Inds. is 12.7 while 3yr average is 8.95.
Has the share price of Hisar Metal Inds. grown faster than its competition?
Hisar Metal Inds. has given better returns compared to its competitors. Hisar Metal Inds. has grown at ~-18.14% over the last 1yrs while peers have grown at a median rate of -30.83%
Is the promoter bullish about Hisar Metal Inds.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Hisar Metal Inds. is 61.2% and last quarter promoter holding is 61.2%.
Are mutual funds buying/selling Hisar Metal Inds.?
There is Insufficient data to gauge this.