IGI Logo

Hindustan Tin Works is currently trading at Rs. 153.15, up by 3.15 points or 2.10% from its previous closing of Rs. 150.00 on the BSE.

The scrip opened at Rs. 160.00 and has touched a high and low of Rs. 160.00 and Rs. 152.90 respectively. So far 1803 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 239.00 on 03-Sep-2024 and a 52 week low of Rs. 132.00 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 160.00 and Rs. 132.95 respectively. The current market cap of the company is Rs. 159.32 crore.

The promoters holding in the company stood at 41.05%, while Institutions and Non-Institutions held 8.19% and 50.76% respectively.

Hindustan Tin Works has commenced the commercial operation on a job-work basis at its new manufacturing unit located at Sonepat, Haryana, ahead of the estimated time line. This early commencement is being done keeping in mind the market requirements, regulatory approvals, purchase of few new machineries and transfer of certain assets from the existing Murthal plant to the new facility.

The full-fledged commercial production of new unit is expected to start in Q1 FY26 (April-June 2025). The primary objective of this transition is to enhance the company's focus on exports. This will not result in a material increase in production capacity of the company as a whole.

Hindustan Tin Works is engaged mainly in the business of manufacturing of Tin Cans, Printed/Lacquered Sheets, Components and trading in Tin Plates.