HSIL gains on aiming 80% growth in consumer product vertical

07 Nov 2017

HSIL is currently trading at Rs. 436.80, up by 0.75 points or 0.17% from its previous closing of Rs. 436.05 on the BSE.

The scrip opened at Rs. 437.85 and has touched a high and low of Rs. 455.00 and Rs. 432.10 respectively. So far 9270 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 477.00 on 10-Oct-2017 and a 52 week low of Rs. 271.65 on 04-Jan-2017.

Last one week high and low of the scrip stood at Rs. 455.00 and Rs. 409.10 respectively. The current market cap of the company is Rs. 3154.65 crore.

The promoters holding in the company stood at 48.43%, while institutions and non-institutions held 32.46% and 19.11% respectively.

HSIL is aiming 80% growth in its consumer product vertical and expecting it to garner a top-line of Rs 700 crore in the next four to five years. The company is also planning to enhance the capacity for its faucet and showers facility at Rajasthan. It has a plant in Rajasthan which makes 2.5 million pieces (faucets and showers) a year.

The company is present in built-in kitchen appliances and claims to be the number three brand in the country in the category, and has launched water heaters, air coolers, water purifiers and air purifiers.


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HSIL Share Price

208.10 8.65 (4.34%) May 17, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323