Hindustan Fluorocarbons (HFL) is going to shut down its operations as per the directive from the government which will provide a Rs 77.2 crore interest-free loan to meet closure-related expenditure. The company has been asked to repay the interest-free loan to the central government from the sale proceeds of land and other assets of the company.
A decision to shut down HFL was taken by the Cabinet Committee on Economic Affairs (CCEA), and the nodal Fertiliser and Chemicals Ministry has conveyed the same to the company recently.
Hindustan Fluorocarbons is engaged in the manufacture of Polytetrafluroethylene (PTFE).
| Company Name | CMP |
|---|---|
| Rain Industries | 157.95 |
| Agarwal Indl. Corp | 416.20 |
| TN Petro Products | 86.15 |
| Supreme Petrochem | 702.00 |
| Nexxus Petro Inds | 114.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: