The 5-year analysis of Hindustan Motors Ltd's performance infers:
We analysed the performance of Hindustan Motors Ltd share prices over the last 10 years. Here is what we found out:
Hindustan Motors (HML), Indiaâ€™s pioneering automobile manufacturing company and flagship company of the CK Birla Group was established just before Indian independence, in 1942 by B M Birla of the industrious Birla family. Commencing operations in a small assembly plant at Port Okha near Gujarat, the manufacturing facilities later moved to Uttarpara, West Bengal in 1948, where it began the production of the Ambassador.
Hindustan Motors equipped itself with state-of-the-art
Hindustan Motors equipped itself with state-of-the-art facilities for the production of passenger cars, trucks and multi utility vehicles.
Besides passenger cars (Ambassador, Grand, and Avigo), Multi Utility Vehicles (Trekker, Porter, and Pushpak) and the RTV, Hindustan Motors 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.
Contributing significantly to the Indian automotive industry for over five decades, HML's manufacturing facilities are situated in the states of Madhya Pradesh, Tamil Nadu and West Bengal. The company functions with a commitment to core values such as quality, safety, and environmental care, combined with customer-oriented total solutions.
Companyâ€™s plant location
Products of the company
Hindustan Motors Exports