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Hindustan Motors soars on reporting 2-fold jump in passenger vehicles production in Feb’13

05 Mar 2013 Evaluate

Hindustan Motors is currently trading at Rs. 8.80, up by 0.12 points or 1.38% from its previous closing of Rs. 8.68 on the BSE.

The scrip opened at Rs. 8.70 and has touched a high and low of Rs. 8.90 and Rs. 8.70 respectively. So far 49,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 14.35 on 28-Jun-2012 and a 52 week low of Rs. 7.91 on 01-Jun-2012.

Last one week high and low of the scrip stood at Rs. 9.50 and Rs. 8.61 respectively. The current market cap of the company is Rs. 162 crore.

The promoters holding in the company stood at 36.52% while Institutions and Non-Institutions held 5.3% and 58.12% respectively.

Hindustan Motors (HM) has reported a rise of 102.51% in production of passenger vehicles for the month of February 2013 at 806 units compared to 398 units in the same month of the last year. In the light commercial vehicles, the company has reported sales of 34 units in February 2013 as compared to 3 units sold in the month of February 2012.

On domestic sale front, the company sold 814 units in the month of February 2013 as compared to 304 units sold in February 2012, while the company sold 12 units in Light Commercial Vehicle space compared to 6 units sold in February 2012.

Hindustan Motors is India’s pioneering automobile manufacturing company manufactures passenger cars, Multi Utility Vehicles and RTV. It also manufactures passenger cars in the mid size premium segment (Mitsubishi Lancer, Lancer Select, and Lancer Cedia) and has brought the Sports Utility Vehicle (Mitsubishi Pajero) into the Indian market, in collaboration with Mitsubishi Motors of Japan.

Hindustan Motors Share Price

16.82 -0.30 (-1.75%)
20-Apr-2026 14:37 View Price Chart
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