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Why is HMT down 2.43%?
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HMT:NSE
HMT Ltd
₹57.11
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-2.43%(-1.42) 1D
Oct 7, 3:30:00 PM GMT+5:30 · INR
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All symbols
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for HMT...
Open
₹58.50
High
₹58.50
Low
₹57.05
Mkt. cap
67.89B
Avg. vol.
18.18K
Volume
8.90K
52-wk high
₹72.95
52-wk low
₹41.00
EPS
-₹3.75
Shares outstanding
1.20B
No. of employees
552
Open
₹58.50
High
₹58.50
Low
₹57.05
Mkt. cap
67.89B
Avg. vol.
18.18K
Volume
8.90K
52-wk high
₹72.95
52-wk low
₹41.00
EPS
-₹3.75
Shares outstanding
1.20B
No. of employees
552
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Profile
HMT Limited, formerly Hindustan Machine Tools Limited, is an Indian state-owned electronics company under the control of the Ministry of Heavy Industries, Government of India. It was founded in 1953 as a machine tool manufacturing company, diversifying into watches, tractors, printing machinery, metal forming presses, die casting and plastic processing machinery, and CNC systems and bearings. HMT is headquartered at Bangalore.
The watch making division, HMT Watches, opened in 1961. During the 1970s and 1980s HMT was the largest supplier of wrist watches in India, with popular styles including Janata and Pilot. The division closed in 2016, largely due to mismanagement leading to heavy losses. In the same year, the Government of India also shut down HMT Chinar Watches Ltd., HMT Bearings, and HMT Tractors. HMT Machine Tools Limited still manufactures industrial machines and tools with a work force of around 2,500 in six manufacturing units situated at Bangalore, Kochi, Hyderabad, Pinjore and Ajmer. These mostly serve India's defence, government and educational institutions.
HMT's wholly owned subsidiaries include HMT Machine Tools Limited and HMT International Limited. Wikipedia
About HMT Ltd
CEO-
Employees552
FoundedFeb 7, 1953
HeadquartersBengaluru, Karnataka, India
SectorMachine industry
Websitehmtindia.com