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Hindusthan Urban Infrastructure enters into MoU with Nirmal Wires

13 Mar 2024 Evaluate

Hindusthan Urban Infrastructure has entered into a ‘Memorandum of Understanding’ (MoU) on March 12, 2024 with Nirmal Wires, a company incorporated under the provisions of Companies Act, 1956, for the sale of the company’s unit with land admeasuring 45.785 acres located at Village- Champajhara, P.O.- Malipada, District-Khurda, Odisha.

Hindusthan Urban Infrastructure (HUIL) is one of the leading manufacturers of overhead conductors and electro-porcelain high tension insulators. HUIL is well-known for producing high performance products that conform to global quality parameters.


Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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