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HIL starts production of pipes at Thimmapur plant

16 Nov 2019 Evaluate

HIL has added additional capacities and commenced the production of its CpVC, UpVC and SWR (Soil, Waste & Rain) Pipes at its plant located at Thimmapur in the state of Telangana. This is in line with the company’s intention to expand the plumbing solutions business with an extended portfolio.

The company continues to diversify and invest from its traditional lines of business and expects healthy traction in the piping solutions, green roofing solutions and flooring solutions segments.

HIL is a leading player in asbestos cement sheet (ACS) for roofing, from which it derives 70 per cent of its revenue at present.

Peers
Company Name CMP
Ultratech Cement 10746.45
Ambuja Cements 349.00
ACC 1136.00
Shree Cement 22215.25
Dalmia Bharat 1619.75
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