Hariom Pipe Industries Ltd

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HARIOMPIPE •
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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
42.03% Gain from 52W Low
8
TTM PE Ratio
Above industry Median
34.1
Price to Book Ratio
Below industry Median
4.2
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is much higher than 1
1.5
RSI
RSI is mid-range
65.5
MFI
MFI Overbought
75.8

Hariom Pipe Industries Ltd shareholding Pattern

Promoter
58.3%
Foreign Institutions
6.5%
Public
35.2%
Promoter
60.9%
Foreign Institutions
2.6%
Public
36.5%
Promoter
60.9%
Foreign Institutions
2.8%
Public
36.3%
Promoter
60.9%
Foreign Institutions
2.2%
Public
36.9%
Promoter
60.9%
Foreign Institutions
2.5%
Domestic Institutions
0.2%
Public
36.4%
Promoter
66%
Foreign Institutions
2.1%
Mutual Funds
0.2%
Domestic Institutions
0.4%
Public
31.5%
Mutual Funds
0.4%
Mutual Funds
0.4%
Mutual Funds
0.5%

Hariom Pipe Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
604.30
10Day EMA
596.60
12Day EMA
594.70
20Day EMA
589.40
26Day EMA
586.50
50Day EMA
578.10
100Day EMA
573.30
200Day EMA
568.20
5Day SMA
596.00
10Day SMA
593.20
20Day SMA
588.40
30Day SMA
579.20
50Day SMA
577.90
100Day SMA
551.00
150Day SMA
573.30
200Day SMA
589.20
Delivery & Volume
Resistance & Support
627.05
Pivot
Resistance
First Resistance
637.10
Second Resistance
649.20
Third Resistance
659.25
Support
First Support
614.95
Second support
604.90
Third Support
592.80
Relative Strength Index
65.47
Money Flow Index
75.78
MACD
8.22
MACD Signal
5.72
Average True Range
23.03
Average Directional Index
14.64
Rate of Change (21)
9.46
Rate of Change (125)
0.67
Peer comparison
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Market Price
Market Cap
52W Low
52W High
Vardhman Special Steels Ltd.
2468.23
174.8
342.8
Bharat Wire Ropes Ltd.
1709.07
190.1
400.6
Shankara Building Products Ltd.
1696.48
626
920
Jash Engineering Ltd.
2668.24
1180
2552
Hi-Tech Pipes Ltd.
2087.16
73.85
170
Aeroflex Industries Ltd.
1921.83
115
196.35

Hariom Pipe Industries Ltd Company background

Founded in: 2007
The Company was incorporated as Hari Om Concast And Steels Private Limited at Hyderabad as a Private Limited Company with the provisions of the erstwhile Companies Act, 1956, pursuant to a Certificate of Incorporation dated June 21, 2007 issued by the Registrar of Companies, Andhra Pradesh. Thereafter, the name of Company changed to Hariom Pipe Industries Private Limited vide Special Resolution dated December 12, 2017 and a fresh Certificate of Incorporation consequent to change in name was issued on December 27, 2017 by Registrar of Companies, Hyderabad. Thereafter, Company was converted into to a Public Limited Company and consequently, name of the Company got changed to Hariom Pipe Industries Limited by a Special Resolution passed on January 08, 2018 and a fresh Certificate of Incorporation consequent upon conversion was issued on January 17, 2018 by the Registrar of Companies, Hyderabad. Mr. Rupesh Kumar Gupta and Mr. Sailesh Gupta are third generation entrepreneurs and founders in the Iron and Steel Industry. They have been instrumental in the growth and management of the Company. The Company is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron in South India. The Company has two manufacturing units which cater to the southern and western Indian markets for products. Unit I plant located at Mahabubnagar Dist. in Telangana manufactures finished steel products from iron scrap and sponge Iron. This plant is equipped with stateoftheart machines and modern technology for accurately testing the products. The Unit II plant located at Anantapur Dist., Andhra Pradesh exclusively manufactures Sponge Iron. Unit II plant located near Bellary, is one of the hubs in South India for iron ore production. The iron ore required to produce Sponge Iron at Unit II is mostly procured through the online bidding process. Most of the Sponge Iron produced at the Unit II is transported to the Unit I and used as a source of raw material for manufacturing MS Billets, HR Strips, MS Pipes and Scaffolding. The manufacturing of Sponge Iron at Unit II reduced dependence on external sources for raw materials since its acquisition in September, 2020. The integration of Unit I and II have optimized operations and profitability through backward integration which helps with efficient logistics, inventory management, procurement, energy savings and quality control. The Company use iron ore to produce Sponge Iron which is then processed across various stages to manufacture final products viz. MS Pipes and Scaffolding making manufacturing process costeffective. MS Pipes are marketed in these nations under the brand Hariom Pipes. Substantial portion of the Sponge Iron, MS Billets and HR Strips produced by Company are used for captive consumption in the manufacturing MS Pipes and Scaffolding. The Company manufacture MS Pipes and Scaffoldings of more than 150 different specifications and cater, directly and indirectly, to customer requirements in various sectors such as housing, infrastructure, agriculture, automotive, power, cement, mining, solar power and engineering.The quality control team led by qualified chemists and engineers ensure that raw materials as well as end products are tested on all quality parameters to ensure that clients are compliant with the required market standards. They mainly sell MS Pipes through more than 200 distributors and dealers. The team sell MS Pipes and Scaffoldings to certain developers and contractors directly as B2B sales. The Company believe that its key differentiator is the product specifications in terms of thickness, length, quality, availability and customized products.The Company obtained IS 3601:2006 for steel pipes for mechanical and general engineering purposes, IS 2830:2012 for MS Billets, IS 4923:2017 for hollow steel sections for structural use. It has obtained quality management system certificates viz. ISO 9001:2015.In 2010, the Company commenced production of HR Strips and MS Tubes at Unit I.In 2011, the Company commenced production of Scaffolding at Unit I.In 2013 the Company commenced production of HR Slit Coil MS Tubes at Unit I.During the FY 1920, the Company acquired land admeasuring Ac 9.31 at Sy. No. 98, D. Hirehal Village Panchayat, Rayadurgam Sub division, Ananthapur revenue division from M/ s. S. S. P. Sponge Iron Pvt. Ltd. The Company also acquired Vacant site admeasuring Ac. 10 located at Sy. No. 98, D. Hirehal Village Panchayat, Rayadurgam Sub division, Ananthapur, revenue division in name of Mr. Siva Prasanth.In August 2020, the Company acquired Unit II of Sponge Iron at Anantapur, Andhra Pradesh, with a capacity of 36,000 MTPA.During FY 202021, the Company acquired Plant Machinery, Factory Building (Sponge unit) form S. S. P. Sponge Iron Pvt. Ltd. located at Sy. No. 98, D. Hirehal Village Panchayat, Rayadurgam. Also, the production of Sponge Iron has been started at the plant. In 2021, the Company was accredited ISO 9001:2015 (Quality Management System) in respect of manufacturing of MS Billets, HR Strips, MS Pipes, MS Sections, GP Pipes and Scaffoldings.
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Hariom Pipe Industries Ltd FAQs

Hariom Pipe Industries Ltd shares are currently priced at 625 on NSE and 624.35 on BSE as of 7/11/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Hariom Pipe Industries Ltd [HARIOMPIPE] share was -1.73. The Hariom Pipe Industries Ltd [HARIOMPIPE] share hit a 1-year low of Rs. 440.05 and a 1-year high of Rs. 740.

The market cap of Hariom Pipe Industries Ltd is Rs. 1804.07 Cr. as of 7/11/2024 12:00:00 AM.

The PE ratios of Hariom Pipe Industries Ltd is 31.73 as of 7/11/2024 12:00:00 AM.

The PB ratios of Hariom Pipe Industries Ltd is 3.88 as of 7/11/2024 12:00:00 AM

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