The 5-year analysis of Hindustan Fluorocarbons Ltd's performance infers:
We analysed the performance of Hindustan Fluorocarbons Ltd share prices over the last 10 years. Here is what we found out:
Hindustan Fluorocarbons (HFL) was incorporated in 1983 as a subsidiary of Hindustan Organic Chemicals (HOCL), a Government of India Enterprise under the Ministry of Chemicals & Fertilizers, and Department of Chemicals & Petrochemicals for manufacture of Polytetrafluroethylene (PTFE) with plant capacity of 500 tonnes per annum.
PTFE is extensively used in chemical, mechanical, electrical and electronic industries and has strategic applications in the
PTFE is extensively used in chemical, mechanical, electrical and electronic industries and has strategic applications in the defence and aerospace sectors. The plant is located at Rudraram in Medak district, Andhra Pradesh, India.
The technology for manufacture of PTFE was sourced from Atochem, France, one of the world leaders in Fluorocarbons and Fluoropolymers. HFL has the rare distinction of owning PTFE know-how, which is available to a select few companies in the world. Rightly, HFL is synthesizing the skills of its expertise with tomorrow's technologies to build on its core competencies HFL is marketing PTFE resin under the brand name of HIFLON. HIFLON is used extensively in electrical, electronic, mechanical and chemical industries due to its unique characteristics.
The strength of HFL lies in its knowledge base acquired over the last 25 years by its team of highly skilled and dedicated Engineers, who have been trained at Atochem, France in manufacture of PTFE. Its continuous R&D process and interactions with its customers is the driving force behind the companyâ€™s achievements, marketing and supporting systems. The highly motivated work force of HFL is forging ahead with a single minded purpose.
The promoter of HFL, Hindustan Organic Chemicals is leading in chemical industry and has a phenomenal presence in inorganic and organic chemicals. Several companies in the field of pharmaceuticals, rubbers, drug Industry are dependents on Hindustan Organic Chemicals for sourcing their raw materials.
The registered office of the company is located at 1402, Babukhan Estate, Basheerbagh, Hyderabad, Andhra Pradesh - 500001.
The companyâ€™s product profile includes - Granular Powders, Compounded PTFE, Fine Powders, HIFLON Dispersions, HIFLON MM2 and HIFLON Coatings.