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Hindustan Motors gains on inking partnership pact with IndusInd Bank

28 Mar 2013 Evaluate

Hindustan Motors is currently trading at Rs 8.80, up by 0.07 points or 0.80% from its previous closing of Rs 8.73 on the BSE.

The scrip opened at Rs 8.70 and has touched a high and low of Rs 8.84 and Rs 8.70 respectively. So far 67362 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. 9.44 and Rs. 8.55 respectively. The current market cap of the company is Rs. 161.31 crore.

The promoters holding in the company stood at 36.52 % while Institutions and Non-Institutions held 5.36 % and 58.12 % respectively.

In a bid to provide easy and trouble-free financing facilities to its customers all across the country, Hindustan Motors (HM) has entered into partnership pact with IndusInd Bank.

The collaboration will make financing easy for customers in rural and semi-urban areas for buying HM vehicles at competitive interest rates. The financing facility will be available through IndusInd Bank’s country-wide network of 254 branches spread across 180 locations in 28 states and 6 union territories.

Hindustan Motors manufactures the iconic Ambassador sedan and light commercial vehicle Winner at its fully integrated plant at Uttarpara in West Bengal. Winner is also manufactured at HM's facility at Pithampur in Madhya Pradesh.

Hindustan Motors Share Price

16.80 -0.32 (-1.87%)
20-Apr-2026 14:29 View Price Chart
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