Hisar Metal Industries Ltd Share Price

Hisar Metal Industries Limited was incorporated on 14 May, 1990 as a Private Limited Company, and thereafter got converted into a Public Limited Company in June, 1992. The Company set up a project for manufacturing cold rolled stainless steel strips led by the Promoters, M P Jindal and Abhi Ram Tayal. The Company is popularly known as the Stainless Steel City of India'. The Company started commercial production at Hisar Plant in Haryana, in Mar.'91 with an installed capacity of 1800 tons per annum, which was raised to 3600 tons per annum, in 1993-94. It expanded the operations by enhancing the capacity installed of cold rolled stainless steel from 3600 to 6000 tons per annum in 1995. The project was part financed by a public issue made by the company in Nov.'95. New manufacturing plant of stainless steel tube & pipes of the Company commenced commercial production at Hisar, Haryana w.e.f. May 02, 2016 having the manufacturing capacity of 900 MT p.a. The Company is a manufacturer of Cold Rolling Strips and Pipe. The Company is engaged in manufacture of Cold Rolled Stainless Steel Strips and Stainless Steel Tubes & Pipes. From manufacturing process involved, it may be classified as a stainless steel strips, tubes and pipes manufacturer. It has 2 Nos. of 6 Hi-Cold Rolling Mills, 3 Nos. of 4 Hi-Cold Rolling Mills and 10 Tubes Mills.