Scripscan:Hindusthan National Glass & Industries Ltd
Code:515145
cmp:130
Story:Hindusthan National Glass & Industries Limited engages in the design, manufacture, and sale of glass containers in India. It offers glass bottles and tumblers. The company also manufactures and sells glass forming machines and spares, as well as provides related services. In addition, it engages in the purchase, processing, and sale of silica sand and feldspar. The company serves pharmaceutical, beverages, processed foods, cosmetics, and liquor industries. Hindusthan National Glass & Industries Limited was formerly known as Hindusthan National Glass Manufacturing Co. Ltd.This Kolkata-based company is the largest producer of industrial glass containers in the country. The company has seen rapid growth since last three years. Growing food-processing, pharmaceutical, liquor and cosmetic industries offer promising opportunities for the Rs 1300 crore company. The company has registered 36% CAGR in its earnings over last four fiscals with an average dividend payout ratio of 5% over the last three years.The company has been a big lagard in this rally so far.With investors looking for safer and better bets,Hindusthan National Glass may just find ample takers going forward.A decent bet at lower levels.
Important Disclaimer&Privacy policy
This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
