Hindustan Motors is currently trading at Rs. 7.24, up by 0.09 points or 1.26% from its previous closing of Rs. 7.15 on the BSE.
The scrip opened at Rs. 7.22 and has touched a high and low of Rs. 7.95 and Rs. 7.15 respectively. So far 83242 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 10.59 on 17-May-2013 and a 52 week low of Rs. 6.04 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 7.95 and Rs. 6.60 respectively. The current market cap of the company is Rs. 134.70 crore.
The promoters holding in the company stood at 36.52% while Institutions and Non-Institutions held 5.35% and 58.13% respectively.
Hindustan Motors (HM), a C K Birla Group firm, has handed over the possession of the Chennai Car Plant located at Adigathur, Kadambathur, Tiruvallur in the state of Tamil Nadu on March 30, 2014 to Hindustan Motor Finance Corporation (HMFC). The necessary approvals of the lenders and the Tamil Nadu Government with respect to the transfer and other necessary approvals as may be required are under process.
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.
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