Hindustan Tin Works Ltd
cmp 20.00rs stock fallen from 80rs cause is pledge share selling
current mct cap 20cr and net profit for the year is 7.35cr .bookvalue is 86.00rs
when companys free cash flow is 28.4cr. dividend paid 5 %
London Stock Exchange-listed Rexam Plc and Hindustan Tin
Works Ltd jointly investsted Rs 220 crore over last two years in expanding
their beverage can manufacturing facility to cater to the fast growing
Indian market.A new manufacturing line at the
existing facility at Taloja near Mumbai will increase the total capacity
to 850 million cans per year from the present 300 million cans.The beverage can market in India is witnessing an annual growth of around 30 per cent.
BUY ON EVERY DECLINE AND HOLD FOR A YEAR FOR BETTER APRECATION
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