Hisar Metal Industries Limited Share Price and Company Fundamentals
Last traded: Yesterday at 9:59 AM
Hisar Metal Industries Limited manufactures and sells cold rolled stainless steel strips, and stainless steel welded tubes and pipes in India. The company also exports its products. Hisar Metal Industries Limited was incorporated in 1990 and is based in Hisar, India.
Key Metrics
PE ratio
5.10
PB ratio
1.40
Dividend yield
0.87%
Beta
0.92
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Steel / Basic Materials |
|---|---|
| Website | https://www.hisarmetal.com |
| Mailing address | Near Industrial Development Colony Delhi Road Hisar 125005 India |
| Phone / Fax | 91 16 6222 0067 / 91 16 6222 0265 |
Dividends
Dividend yield
0.87%
Dividend amount
₹1.00
Payout ratio
4.48%
Hisar Metal Industries Limited paid ₹1.00 dividend and the ex-dividend date was 08 Sept 2021.The dividend payout ratio is 4.48%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.HISARMETAL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
HISARMETAL's forward dividend amount is ₹1 and the forward dividend yield is 0.88%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Hisar Metal Industries Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Abhiram Tayal | MD & Exec. Director | 68 | 1.44M |
| Mr. Radhey Shyam Bansal | Chief Financial Officer | ||
| Mr. Vishesh Kumar Chugh | GM of Fin., Compliance Officer & Company Sec. | ||
| Mr. Karan Dev Tayal | Whole-Time Director | 41 | 4.28M |
Profitability and management effectiveness
Profit margin
5.06%
Operating margin
8.88%
Return on assets
9.71%
Return on equity
31.67%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Hisar Metal Industries Limited is and its enterprise value is .
The HISARMETAL's stocks Beta value is 0.92 making it 8% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Hisar Metal Industries Limited (NSE:HISARMETAL) Frequently Asked Questions
1. What is Hisar Metal Industries Limited's Stock Symbol?
Hisar Metal Industries Limited trades on NSE under the ticker symbol "HISARMETAL".
2. What is Hisar Metal Industries Limited's stock price today?
One share of HISARMETAL stock can currently be purchased for approximately ₹115.8.
3. How can I contact Hisar Metal Industries Limited?
Hisar Metal Industries Limited's mailing address is Near Industrial Development Colony Delhi Road Hisar 125005 India. The company can be reached via phone at 91 16 6222 0067.
4. What is Hisar Metal Industries Limited's official website?
The official website of Hisar Metal Industries Limited is https://www.hisarmetal.com.