HISARMETAL
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Forensics
Recent events
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Hisar Metal Industries Receives Insurance Claim Settlement Amounting To 16.5 Mln Rupees
Nov 19 (Reuters) - Hisar Metal Industries Ltd HISR.NS:
RECEIVED INSURANCE CLAIM SETTLEMENT AMOUNTING TO 16.5 MILLION RUPEES
Source text: ID:nNSE8ym4s
Further company coverage: HISR.NS
Nov 19 (Reuters) - Hisar Metal Industries Ltd HISR.NS:
RECEIVED INSURANCE CLAIM SETTLEMENT AMOUNTING TO 16.5 MILLION RUPEES
Source text: ID:nNSE8ym4s
Further company coverage: HISR.NS
India's Hisar Metal adds to gains on production kick-off at foil mill
** Shares of stainless-steel strips maker Hisar Metal Industries HISR.NS up 3.8%
** Co begins production at foil mill for ultra thin material
** Stock jumps to session's high of 5.6% after the news, from gains of 2.8% just before
** HISR also boosted, along with other metal stocks .NIFTYMET, as prices of most base metals rise globally MET/L
** HISR now up 1%, set to snap three-week losing run
** HISR down ~16% YTD; it jumped ~56% in 2023 vs ~19% rise in NIFTYMET
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
** Shares of stainless-steel strips maker Hisar Metal Industries HISR.NS up 3.8%
** Co begins production at foil mill for ultra thin material
** Stock jumps to session's high of 5.6% after the news, from gains of 2.8% just before
** HISR also boosted, along with other metal stocks .NIFTYMET, as prices of most base metals rise globally MET/L
** HISR now up 1%, set to snap three-week losing run
** HISR down ~16% YTD; it jumped ~56% in 2023 vs ~19% rise in NIFTYMET
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
Hisar Metal Industries Says Fire Affected Section Of Manufacturing Plant Now Operational
Jan 22 (Reuters) - Hisar Metal Industries Ltd HISR.NS:
FIRE AFFECTED SECTION OF MANUFACTURING PLANT HAS BECOME OPERATIONAL, RESUMED PRODUCTION
Source text for Eikon: ID:nNSE3K2xkm
Further company coverage: HISR.NS
Jan 22 (Reuters) - Hisar Metal Industries Ltd HISR.NS:
FIRE AFFECTED SECTION OF MANUFACTURING PLANT HAS BECOME OPERATIONAL, RESUMED PRODUCTION
Source text for Eikon: ID:nNSE3K2xkm
Further company coverage: HISR.NS
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What does Hisar Metal Inds do?
Hisar Metal Industries Ltd. was established in 1991 in Hisar, Haryana. It specializes in producing high-precision, ultra-thin stainless steel strips in the 'Stainless Steel City of India.'
Who are the competitors of Hisar Metal Inds?
Hisar Metal Inds major competitors are Prakash Steelage, Mangalam Alloys, Zenith Steel Pipes, Gabion Techno. Ind, Kasturi Metal Compos, Rajasthan Tube Mfg, Garg Furnace. Market Cap of Hisar Metal Inds is ₹74 Crs. While the median market cap of its peers are ₹71 Crs.
Is Hisar Metal Inds financially stable compared to its competitors?
Hisar Metal Inds seems to be less financially stable compared to its competitors. Altman Z score of Hisar Metal Inds is 3.01 and is ranked 5 out of its 8 competitors.
Does Hisar Metal Inds pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Hisar Metal Inds latest dividend payout ratio is 16.99% and 3yr average dividend payout ratio is 10.09%
How has Hisar Metal Inds allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Accounts Receivable
How strong is Hisar Metal Inds balance sheet?
Balance sheet of Hisar Metal Inds is strong. But short term working capital might become an issue for this company.
Is the profitablity of Hisar Metal Inds improving?
No, profit is decreasing. The profit of Hisar Metal Inds is ₹3 Crs for TTM, ₹3.18 Crs for Mar 2025 and ₹6.47 Crs for Mar 2024.
Is the debt of Hisar Metal Inds increasing or decreasing?
Yes, The net debt of Hisar Metal Inds is increasing. Latest net debt of Hisar Metal Inds is ₹63.93 Crs as of Sep-25. This is greater than Mar-25 when it was ₹62.68 Crs.
Is Hisar Metal Inds stock expensive?
Yes, Hisar Metal Inds is expensive. Latest PE of Hisar Metal Inds is 24.8, while 3 year average PE is 15.89. Also latest EV/EBITDA of Hisar Metal Inds is 9.45 while 3yr average is 8.69.
Has the share price of Hisar Metal Inds grown faster than its competition?
Hisar Metal Inds has given better returns compared to its competitors. Hisar Metal Inds has grown at ~-2.02% over the last 2yrs while peers have grown at a median rate of -15.13%
Is the promoter bullish about Hisar Metal Inds?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Hisar Metal Inds is 61.2% and last quarter promoter holding is 61.21%
Are mutual funds buying/selling Hisar Metal Inds?
There is Insufficient data to gauge this.
