Hindustan Machine Tools (HMT) is currently trading at Rs. 30.95, up by 2.30 points or 8.03% from its previous closing of Rs. 28.65 on the BSE.
The scrip opened at Rs. 29.05 and has touched a high and low of Rs. 32.10 and Rs. 28.70 respectively. So far 224447 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 75.15 on 24-Jan-2011 and a 52 week low of Rs. 26.85 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 32.10 and Rs. 28.15 respectively. The current market cap of the company is Rs. 2364.69 crore.
The promoters holding in the company stood at 98.88% while Institutions and Non-Institutions held 0.04% and 1.08% respectively.
HMT has inaugurated the second counter in Karnataka at the Mysore Head Post office where all the models of the watches are offered for sale. The company which was once a leading watch maker in the country until private players entered the market is taking this step in order to regain its supremacy.
HMT's marketing tie-ups with post offices is a new initiative in brand building and regaining the market share. They have received an approval from the Postal Department for opening such counters in different parts of the country.
HMT manufactures engineering goods like machine tools, watches, tractors, printing machines, die casting and plastic processing machinery, metal forming presses and bearings. It manufactures Mechanical and Quartz Analog watches. The manufacture of wristwatches started as part of diversification strategy of HMT in the year 1962, under Technical collaboration with CITIZEN Watch Company of Japan with a manufacturing unit at Bangalore.
| Company Name | CMP |
|---|---|
| BHEL | 227.95 |
| Bharat Electronics | 275.50 |
| Thermax | 4373.90 |
| Kirloskar Oil Eng | 1057.60 |
| GMM Pfaudler | 1197.30 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
FREE Become a savvy and confident
stock investor.
Hurry, limited to the first 10 users today!
Download APP
