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HARIOMPIPE
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- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
This data is currently unavailable for this company.
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Summary
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Revenue Mix
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Revenue Mix
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Recent events
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News
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Corporate Actions
Hariom Pipe Industries Modifies Ultra Pipes Asset Acquisition To 40-Year Lease Agreement
March 6 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
MODIFIES ULTRA PIPES ASSET ACQUISITION TO 40-YEAR LEASE AGREEMENT
Source text: ID:nNSE2frFn9
Further company coverage: HARO.NS
(([email protected];;))
March 6 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
MODIFIES ULTRA PIPES ASSET ACQUISITION TO 40-YEAR LEASE AGREEMENT
Source text: ID:nNSE2frFn9
Further company coverage: HARO.NS
(([email protected];;))
Hariom Pipe Industries Receives LoA For 60 MW Solar Power Project
March 4 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
HARIOM PIPE INDUSTRIES LTD - RECEIVES LOA FOR 60 MW SOLAR POWER PROJECT
HARIOM PIPE INDUSTRIES LTD - FIXED PPA TARIFF FOR 60 MW SOLAR POWER AT 2.96 RUPEES/KWH FOR 25 YEARS
HARIOM PIPE INDUSTRIES LTD - ADDITIONAL INCENTIVE OF 0.25 RUPEE/KWH FOR FIRST THREE YEARS
Source text: ID:nNSE2c50PB
Further company coverage: HARO.NS
(([email protected];))
March 4 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
HARIOM PIPE INDUSTRIES LTD - RECEIVES LOA FOR 60 MW SOLAR POWER PROJECT
HARIOM PIPE INDUSTRIES LTD - FIXED PPA TARIFF FOR 60 MW SOLAR POWER AT 2.96 RUPEES/KWH FOR 25 YEARS
HARIOM PIPE INDUSTRIES LTD - ADDITIONAL INCENTIVE OF 0.25 RUPEE/KWH FOR FIRST THREE YEARS
Source text: ID:nNSE2c50PB
Further company coverage: HARO.NS
(([email protected];))
Hariom Pipe Industries To Raise Funds Through Issuance Of Shares Upto 7 Bln Rupees
Sept 24 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
RAISING OF FUNDS THROUGH ISSUANCE OF SHARES UPTO 7 BILLION RUPEES
Source text for Eikon: ID:nNSE76M7WR
Further company coverage: HARO.NS
(([email protected];))
Sept 24 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
RAISING OF FUNDS THROUGH ISSUANCE OF SHARES UPTO 7 BILLION RUPEES
Source text for Eikon: ID:nNSE76M7WR
Further company coverage: HARO.NS
(([email protected];))
Hariom Pipe Industries - To Consider Raising Funds
Hariom Pipe Industries Ltd HARO.NS:
HARIOM PIPE INDUSTRIES - TO CONSIDER RAISING FUNDS
Source text for Eikon: ID:nBSEc2NxcN
Further company coverage: HARO.NS
Hariom Pipe Industries Ltd HARO.NS:
HARIOM PIPE INDUSTRIES - TO CONSIDER RAISING FUNDS
Source text for Eikon: ID:nBSEc2NxcN
Further company coverage: HARO.NS
Hariom Pipe Industries June-Quarter Net Profit At 175.1 Mln Rupees
Aug 9 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
HARIOM PIPE INDUSTRIES JUNE-QUARTER NET PROFIT 175.1 MILLION RUPEES
HARIOM PIPE INDUSTRIES JUNE-QUARTER REVENUE FROM OPERATIONS 3.43 BILLION RUPEES
Further company coverage: HARO.NS
(([email protected];))
Aug 9 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
HARIOM PIPE INDUSTRIES JUNE-QUARTER NET PROFIT 175.1 MILLION RUPEES
HARIOM PIPE INDUSTRIES JUNE-QUARTER REVENUE FROM OPERATIONS 3.43 BILLION RUPEES
Further company coverage: HARO.NS
(([email protected];))
Hariom Pipe Industries Approves Acquisition Of Operating Assets Of Ultra Pipes
May 27 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
HARIOM PIPE INDUSTRIES - APPROVED ACQUISITION OF OPERATING ASSETS (BUILDING AND PLANT & MACHINERY) OF ULTRA PIPES
HARIOM PIPE INDUSTRIES - COST OF ACQUISITION 401.6 MILLION RUPEES
Source text for Eikon: ID:nBSE4HYMcT
Further company coverage: HARO.NS
(([email protected];))
May 27 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
HARIOM PIPE INDUSTRIES - APPROVED ACQUISITION OF OPERATING ASSETS (BUILDING AND PLANT & MACHINERY) OF ULTRA PIPES
HARIOM PIPE INDUSTRIES - COST OF ACQUISITION 401.6 MILLION RUPEES
Source text for Eikon: ID:nBSE4HYMcT
Further company coverage: HARO.NS
(([email protected];))
India's Hariom Pipe hits record high on Q2 profit jump
** Shares of Hariom Pipe Industries HARO.NS rise as much as 5.7% to hit a record high of 740 rupees
** The pipe and tubes maker on Friday reported a near 60% Y/Y jump in Q2 net profit, while revenue more than doubled Y/Y to 3.02 bln rupees ($36.25 mln)
** During Q2, net production jumped 121% Y/Y while net sales rose 134% Y/Y
** Stock on track for a third consecutive session of gain, if trend holds
** More than 632,000 shares change hands, 4.9x of 30-day avg
** Hariom stock up ~97% YTD
($1 = 83.3200 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Hariom Pipe Industries HARO.NS rise as much as 5.7% to hit a record high of 740 rupees
** The pipe and tubes maker on Friday reported a near 60% Y/Y jump in Q2 net profit, while revenue more than doubled Y/Y to 3.02 bln rupees ($36.25 mln)
** During Q2, net production jumped 121% Y/Y while net sales rose 134% Y/Y
** Stock on track for a third consecutive session of gain, if trend holds
** More than 632,000 shares change hands, 4.9x of 30-day avg
** Hariom stock up ~97% YTD
($1 = 83.3200 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
India's Hariom Pipe Industries Sept-Quarter Consol Net Profit Rises
Nov 10 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
SEPT-QUARTER CONSOL NET PROFIT 147.8 MILLION RUPEES VERSUS 92.7 MILLION RUPEES YEAR AGO
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.02 BILLION RUPEES VERSUS 1.27 BILLION RUPEES YEAR AGO
Further company coverage: HARO.NS
(([email protected];))
Nov 10 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
SEPT-QUARTER CONSOL NET PROFIT 147.8 MILLION RUPEES VERSUS 92.7 MILLION RUPEES YEAR AGO
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.02 BILLION RUPEES VERSUS 1.27 BILLION RUPEES YEAR AGO
Further company coverage: HARO.NS
(([email protected];))
India's Hariom Pipe Industries June-Quarter Net Profit Rises
Aug 10 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
INDIA'S HARIOM PIPE INDUSTRIES JUNE-QUARTER NET PROFIT 154.4 MILLION RUPEES VERSUS PROFIT 95.4 MILLION RUPEES
HARIOM PIPE INDUSTRIES LTD JUNE-QUARTER REVENUE FROM OPERATIONS 2.4 BILLION RUPEES VERSUS 1.42 BILLION RUPEES
HARIOM PIPE INDUSTRIES LTD - REAPPOINTMENT OF RUPESH KUMAR GUPTA AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSE1pMdq0
Further company coverage: HARO.NS
(([email protected];;))
Aug 10 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
INDIA'S HARIOM PIPE INDUSTRIES JUNE-QUARTER NET PROFIT 154.4 MILLION RUPEES VERSUS PROFIT 95.4 MILLION RUPEES
HARIOM PIPE INDUSTRIES LTD JUNE-QUARTER REVENUE FROM OPERATIONS 2.4 BILLION RUPEES VERSUS 1.42 BILLION RUPEES
HARIOM PIPE INDUSTRIES LTD - REAPPOINTMENT OF RUPESH KUMAR GUPTA AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSE1pMdq0
Further company coverage: HARO.NS
(([email protected];;))
Hariom Pipe Industries Completes Installation, Commences Production From Galvanized Pipe Mill At Plant At Mahabubnagar District
June 28 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
COMPLETED INSTALLATION, COMMENCED PRODUCTION FROM GALVANIZED PIPE MILL AT PLANT AT MAHABUBNAGAR DISTRICT
COMPLETED INSTALLATION, COMMENCED PRODUCTION FROM TWO MS PIPE MILLS AT PLANT AT MAHABUBNAGAR DISTRICT
TOTAL INSTALLED CAPACITY OF MS PIPES HAS GONE UP TO 1,32,000 MTPA FROM CURRENT 84000 MTPA
COMPLETED INSTALLATION, COMMENCED PRODUCTION OF ITS COLD ROLL STEEL MILL AT PLANT AT MAHABUBNAGAR DISTRICT
TOTAL INSTALLED CAPACITY OF THE GALVANISED PIPE MILL IS 1,20,000 MTPA
Source text for Eikon: ID:nNSE8mRPP7
Further company coverage: HARO.NS
(([email protected];))
June 28 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
COMPLETED INSTALLATION, COMMENCED PRODUCTION FROM GALVANIZED PIPE MILL AT PLANT AT MAHABUBNAGAR DISTRICT
COMPLETED INSTALLATION, COMMENCED PRODUCTION FROM TWO MS PIPE MILLS AT PLANT AT MAHABUBNAGAR DISTRICT
TOTAL INSTALLED CAPACITY OF MS PIPES HAS GONE UP TO 1,32,000 MTPA FROM CURRENT 84000 MTPA
COMPLETED INSTALLATION, COMMENCED PRODUCTION OF ITS COLD ROLL STEEL MILL AT PLANT AT MAHABUBNAGAR DISTRICT
TOTAL INSTALLED CAPACITY OF THE GALVANISED PIPE MILL IS 1,20,000 MTPA
Source text for Eikon: ID:nNSE8mRPP7
Further company coverage: HARO.NS
(([email protected];))
India's Hariom Pipe Industries up 3% on robust Q4 profit
** Shares of Hariom Pipe Industries Ltd HARO.NS rise as much as 3.2% to 639.95 rupees
** Pipe and tubes maker reported March-qtr net profit rose by 76.6% to 172.5 mln rupees ($2.1 mln), as revenue from ops more than doubled to 2.51 bln rupees
** Stock trading above its 50-, 100-, and 200-day moving averages, suggesting bullish bias
** Relative strength index (RSI) above 70, indicating stock is overbought
** Moving average convergence divergence (MACD) line has been above the signal line since May 12
** Trading volume at ~126,600 shares, above the 30-day avg of ~103,000 shares as of 11:40 a.m. IST
** Stock up ~75.2% so far this year
(Reporting by Biplob Kumar Das in Bengaluru)
** Shares of Hariom Pipe Industries Ltd HARO.NS rise as much as 3.2% to 639.95 rupees
** Pipe and tubes maker reported March-qtr net profit rose by 76.6% to 172.5 mln rupees ($2.1 mln), as revenue from ops more than doubled to 2.51 bln rupees
** Stock trading above its 50-, 100-, and 200-day moving averages, suggesting bullish bias
** Relative strength index (RSI) above 70, indicating stock is overbought
** Moving average convergence divergence (MACD) line has been above the signal line since May 12
** Trading volume at ~126,600 shares, above the 30-day avg of ~103,000 shares as of 11:40 a.m. IST
** Stock up ~75.2% so far this year
(Reporting by Biplob Kumar Das in Bengaluru)
India's Hariom Pipe Industries March-Qtr Net Profit Rises
May 30 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
INDIA'S HARIOM PIPE INDUSTRIES MARCH-QUARTER NET PROFIT 172.5 MILLION RUPEES VERSUS PROFIT 97.7 MILLION RUPEES
HARIOM PIPE INDUSTRIES MARCH-QUARTER REVENUE FROM OPERATIONS 2.51 BILLION RUPEES VERSUS 1.24 BILLION RUPEES
Further company coverage: HARO.NS
(([email protected];;))
May 30 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
INDIA'S HARIOM PIPE INDUSTRIES MARCH-QUARTER NET PROFIT 172.5 MILLION RUPEES VERSUS PROFIT 97.7 MILLION RUPEES
HARIOM PIPE INDUSTRIES MARCH-QUARTER REVENUE FROM OPERATIONS 2.51 BILLION RUPEES VERSUS 1.24 BILLION RUPEES
Further company coverage: HARO.NS
(([email protected];;))
Hariom Pipe Industries Granted Customised Incentives Of 1.21 Billion Rupees By Industries & Commerce Department
May 3 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
HARIOM PIPE INDUSTRIES LTD - GRANTED CUSTOMISED INCENTIVES OF 1.21 BILLION RUPEES BY INDUSTRIES & COMMERCE DEPARTMENT
Source text for Eikon: ID:nNSE8rDMMK
Further company coverage: HARO.NS
(([email protected];))
May 3 (Reuters) - Hariom Pipe Industries Ltd HARO.NS:
HARIOM PIPE INDUSTRIES LTD - GRANTED CUSTOMISED INCENTIVES OF 1.21 BILLION RUPEES BY INDUSTRIES & COMMERCE DEPARTMENT
Source text for Eikon: ID:nNSE8rDMMK
Further company coverage: HARO.NS
(([email protected];))
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Popular questions
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What does Hariom Pipe Inds. do?
Hariom Pipe Industries Limited is a major steel manufacturer in South India, known for producing top-quality iron and steel products like MS Billets, Pipes, HR Coils, and Scaffolding Systems.
Who are the competitors of Hariom Pipe Inds.?
Hariom Pipe Inds. major competitors are JTL Industries, Goodluck India, Rama Steel Tubes, Gandhi Spl. Tubes, Man Industries, Hi-Tech Pipes, Aeroflex Industries. Market Cap of Hariom Pipe Inds. is ₹1,239 Crs. While the median market cap of its peers are ₹2,050 Crs.
Is Hariom Pipe Inds. financially stable compared to its competitors?
Hariom Pipe Inds. seems to be less financially stable compared to its competitors. Altman Z score of Hariom Pipe Inds. is 4.4 and is ranked 7 out of its 8 competitors.
Does Hariom Pipe 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. Hariom Pipe Inds. latest dividend payout ratio is 3.05% and 3yr average dividend payout ratio is 3.05%
How has Hariom Pipe Inds. allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory
How strong is Hariom Pipe Inds. balance sheet?
Balance sheet of Hariom Pipe Inds. is strong. But short term working capital might become an issue for this company.
Is the profitablity of Hariom Pipe Inds. improving?
Yes, profit is increasing. The profit of Hariom Pipe Inds. is ₹61.25 Crs for TTM, ₹56.84 Crs for Mar 2024 and ₹46.32 Crs for Mar 2023.
Is the debt of Hariom Pipe Inds. increasing or decreasing?
Yes, The debt of Hariom Pipe Inds. is increasing. Latest debt of Hariom Pipe Inds. is ₹332 Crs as of Sep-24. This is greater than Mar-24 when it was ₹308 Crs.
Is Hariom Pipe Inds. stock expensive?
Hariom Pipe Inds. is not expensive. Latest PE of Hariom Pipe Inds. is 20.22, while 3 year average PE is 28.77. Also latest EV/EBITDA of Hariom Pipe Inds. is 9.32 while 3yr average is 15.73.
Has the share price of Hariom Pipe Inds. grown faster than its competition?
Hariom Pipe Inds. has given lower returns compared to its competitors. Hariom Pipe Inds. has grown at ~-29.29% over the last 1yrs while peers have grown at a median rate of -18.59%
Is the promoter bullish about Hariom Pipe 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 Hariom Pipe Inds. is 57.26% and last quarter promoter holding is 57.26%.
Are mutual funds buying/selling Hariom Pipe Inds.?
There is Insufficient data to gauge this.