1W Return

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1M Return

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6M Return

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1Y Return

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3Y Return

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Start SIP in HLE Glascoat Ltd
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 %
29.12% Fall from 52W High
-8.7
TTM PE Ratio
High in industry
74.9
Price to Book Ratio
Above industry Median
10.7
Dividend yield 1yr %
Low in industry
0.2
TTM PEG Ratio
PEG TTM is negative
-2.1
RSI
RSI is mid-range
30.8
MFI
MFI is mid-range
37

HLE Glascoat Ltd Key Financials

*All values are in ₹ Cr.

HLE Glascoat Ltd shareholding Pattern

Promoter
66.7%
Foreign Institutions
4.2%
Mutual Funds
3.6%
Domestic Institutions
4%
Public
25.1%

HLE Glascoat Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
0
Bearish Moving Averages
16
5Day EMA
501.20
10Day EMA
505.40
12Day EMA
507.00
20Day EMA
513.00
26Day EMA
516.70
50Day EMA
525.80
100Day EMA
538.00
200Day EMA
563.30
Delivery & Volume
Resistance & Support
498.10
Pivot
Resistance
First Resistance
502.70
Second Resistance
510.35
Third Resistance
514.95
Support
First Support
490.45
Second support
485.85
Third Support
478.20
Relative Strength Index
30.83
Money Flow Index
36.99
MACD
-9.79
MACD Signal
-9.14
Average True Range
12.85
Average Directional Index
22.22
Rate of Change (21)
-8.21
Rate of Change (125)
-15.25

HLE Glascoat Ltd Company background

Founded in: 1991
Managing director: Himanshu Patel
HLE Glascoat Limited (Formerly known as Swiss Glascoat Equipments Limited) is one of the most renowned process equipment manufacturers for chemical and pharmaceutical sectors in India. It is a part of the prestigious Patel Group of Companies, established by late Dr. Khushalbhai H. Patel in 1951. The Company is engaged in manufacture and sale of GlassLined Equipment and Spares in India.The Company offer customers with a plethora of products, catering to needs for storage, reaction, heat transfer, distillation and solidliquid separation in the chemical, pharmaceutical and allied industries. It is currently operating in both domestic and international markets with the help of 3 integrated plants, namely Mairoli Works, Anand Works and HL Equipment. Its glasscoat product range consists of both readymade and custombuilt equipment, whereas, other products include Glass Lined Flush Bottom Outlet Valve, BellowsSealed Valve, Glass Lined Diaphragm Valve, Flanged Pipe, Flanged Elbows 90, Flanged Crosses, Reducing Flanges and Flanged T Pieces with reduced connection.In 1981, the Company embarked on its operations as as a manufacturer of chemical equipment, for their Group chemical plants. HLE Glascoat Limited incorporated in August 26, 1991 under the name of Shri Glassteel Equipments Limited and subsequently, changed the name to Swiss Glasscoat Equipment Limited on March 03, 1992. Thereafter, the Company consolidated both these businesses, through a Demerger Scheme vide its Order dated 24th October, 2019 and consequently, name of the Company was changed to HLE Glascoat Limited. In 1991, it manufactured its First Agitated Nutsche FilterDryer, beginning of specialization in Filtration Drying.In 2003, it set up the Silvassa plant under the name of HL Equipments. After that, it inaugurated the Heerasons RD Centre at Maroli. In 2017, it expanded the product portfolio and acquired stake in a leading manufacturer of GlassLined Equipment, namely Swiss Glascoat Equipments Limited.The Board of Directors of the Company at its meeting held on 16th January, 2019, had approved the Scheme of Arrangement betweenCompany, HLE Engineers Private Limited and Yashashvi Agrochemical Private Limited providing for Demerger of Operating Business of HLE Engineers Private Limited and vesting of the same into the Company the Amalgamation of Yashashvi Agrochemical Private Limited with HLE Engineers Private Limited and various other matters, consequential or otherwise, integrally connected therewith, with effect from 1st April, 2018 as the appointed date. As per said Demerger Scheme, which was approved by Honble National Company Law Tribunal, Ahmedabad Bench vide its Order dated October 24th, 2019 the Company integrated both these businesses and consequently, renamed the Company as HLE Glascoat Limited.In 2020, it acquired additional ownership and profit share up to 99% in H L Equipments (HLEQ).In December 2021, the Company acquired the global business of leading glasslining company, Thaletec GmbH, Germany.In 2022, the Company commissioned a Greenfield plant at Silvassa to augment the manufacturing capacity for their filtration and drying equipment.
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HLE Glascoat Ltd FAQs

HLE Glascoat Ltd shares are currently priced at 495.05 on NSE and 494.9 on BSE as of 2/28/2024 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 HLE Glascoat Ltd [HLEGLAS] share was -4.05. The HLE Glascoat Ltd [HLEGLAS] share hit a 1-year low of Rs. 465 and a 1-year high of Rs. 698.4.

The market cap of HLE Glascoat Ltd is Rs. 3379.48 Cr. as of 2/28/2024 12:00:00 AM.

The PE ratios of HLE Glascoat Ltd is 67.52 as of 2/28/2024 12:00:00 AM.

The PB ratios of HLE Glascoat Ltd is 9.85 as of 2/28/2024 12:00:00 AM

The Mutual Fund Shareholding was 3.58% at the end of 2/28/2024 12:00:00 AM.

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