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- HISARMETAL
HISARMETAL
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Forensics
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- 1M
- 6M
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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
Hisar Metal Industries Receives Insurance Claim Settlement Amounting To 16.5 Mln Rupees
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];;))
India's Hisar Metal adds to gains on production kick-off at foil mill
** 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;))
Hisar Metal Industries Says Fire Affected Section Of Manufacturing Plant Now Operational
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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Popular questions
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Business
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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 Rajasthan Tube Mfg, PS Raj Steels, Maiden Forgings, Swastik Pipes, Remi Edelstahl Tub., Kanishk Steel, Zenith Steel Pipes. Market Cap of Hisar Metal Inds is ₹112 Crs. While the median market cap of its peers are ₹104 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 3.12 and is ranked 6 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 8.35% and 3yr average dividend payout ratio is 5.92%
How has Hisar Metal Inds allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
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?
No, profit is decreasing. The profit of Hisar Metal Inds is ₹3.86 Crs for TTM, ₹6.47 Crs for Mar 2024 and ₹10.95 Crs for Mar 2023.
Is the debt of Hisar Metal Inds increasing or decreasing?
The debt of Hisar Metal Inds is decreasing. Latest debt of Hisar Metal Inds is ₹64.16 Crs as of Sep-24. This is less than Mar-24 when it was ₹71.99 Crs.
Is Hisar Metal Inds stock expensive?
Yes, Hisar Metal Inds is expensive. Latest PE of Hisar Metal Inds is 29.06, while 3 year average PE is 12.79. Also latest EV/EBITDA of Hisar Metal Inds is 13.34 while 3yr average is 8.08.
Has the share price of Hisar Metal Inds grown faster than its competition?
Hisar Metal Inds has given lower returns compared to its competitors. Hisar Metal Inds has grown at ~24.06% over the last 2yrs while peers have grown at a median rate of 30.0%
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 61.21% and last quarter promoter holding is 61.21%.
Are mutual funds buying/selling Hisar Metal Inds?
There is Insufficient data to gauge this.