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Small Cap | Packaging
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About Hindustan Adhesives
Incorporated on 5 Apr.'88, Hindustan Adhesives (HAL) was promoted L K Bagla and M S Bagla for manufacturing bi-axially oriented polypropylene (BOPP) self-adhesive tapes (cap. : 52 mln sq mtr pa) and BOPP films (cap. : 2500 tpa), at Ghaziabad, UP. The company has state-of-the-art equipment like the acrylic adhesive coating machine, hot melt coating and adhesive making machine and BOPP film making equipment.
The BOPP adhesive tapes are mainly used in the packaging industry. HAL markets these tapes under the brand names Mystic, Stic Me, and Boss Tech, while its major clients include the Jindal group, SIEL, Dabur and Parasrampuria.
The film manufactured by the BOPP film plant is used captively for manufacturing PSA tapes. In 1994, the company implemented its backward integration project for manufacturing bi-axially oriented poly-propylene films. To part-finance this project, the company came out with an issue of equity shares at a premium of Rs 15 in Aug.'94.
The company has expanded its BOPP film plant by installing another plant of 1300 tpa. The project was funded through internal accruals. During 1999-2000, the company was awarded ASIASTAR' 99 award from the Asian Packaging Federation for developing self-adhesive tear tapes of world-class quality. As the demand for BOPP film products was increasing the company has opened the BOPP film unit which was closed since last 4 years.
Parent Organisation
Indian Private
Managing Director
None
Founded
1988
NSE Symbol
Community Discussion
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AngelOne
10th July 2024
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AngelOne
10th July 2024
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Hindustan Adhesives Ltd FAQs
What is the share price of Hindustan Adhesives Ltd (Hindustan Adhesives Ltd) shares?
Hindustan Adhesives Ltd (Hindustan Adhesives Ltd) share price as of July 26, 2024, on NSE is Rs 440 (NSE) and Rs 440 (BSE) on BSE.
Can I buy Hindustan Adhesives Ltd (Hindustan Adhesives Ltd) from Angel One?
Yes, You can buy Hindustan Adhesives Ltd (Hindustan Adhesives Ltd) shares by opening a Demat account with Angel One.
How do I buy Hindustan Adhesives Ltd (Hindustan Adhesives Ltd) from Angel One?
Hindustan Adhesives Ltd (Hindustan Adhesives Ltd) share can be bought through the following modes:
1. Direct investment: You can buy Hindustan Adhesives Ltd (Hindustan Adhesives Ltd) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Hindustan Adhesives Ltd (Hindustan Adhesives Ltd) shares.
1. Direct investment: You can buy Hindustan Adhesives Ltd (Hindustan Adhesives Ltd) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Hindustan Adhesives Ltd (Hindustan Adhesives Ltd) shares.
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