Hisar Metal Industries Limited
HISARMET.BO
Bombay Stock Exchange195.20
INR
+3.05
- -
Hisar Metal Industries Limited
HISARMET.BO
(Bombay Stock Exchange)
Recent
price
195.20
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Hisar Metal Industries Limited manufactures cold rolled precision stainless steel strips, stainless steel welded tubes and pipes, and stainless steel plumbing pipes and fittings in India. The company produces high precision, ultra-thin stainless steel strips up to 0.08mm thick using state-of-the-art 6 Hi and 4 Hi cold rolling mills including a recently commissioned 20Hi foil mill, alongside 10 tube mills for welded pipes and tubes; it supplies these products with dimensional accuracy, excellent flatness, and smooth surface finish to domestic and export markets including Europe and the US. Incorporated in 1990 and headquartered in Hisar, Haryana, known as the Stainless Steel City of India, the company operates primarily in the stainless steel processing segment serving industries such as plumbing, engineering, and manufacturing, with plans to increase exports to 50% of sales and recent collaborations including partnerships with Aaira India and Insta Pressfit for innovative stainless steel water pipes, fittings, and pressfit solutions to address leakage and water flow issues.