Breathing easy! HSIL gains 1%; to launch air purifiers

The company is going to launch a new product i.e. "Air Purifiers" under the brand name "Moonbow".

Dec 15, 2015 04:12 IST India Infoline News Service

HSIL gained 1% to Rs.301 on BSE. The company is going to launch a new product i.e. "Air Purifiers" under the brand name "Moonbow".

The company is also in the process of launching water purifiers for home segment. The company has tied up with The Marmon Group of Italy for the supply of water purification products.

The scrip opened at Rs. 303.1 and has touched a high and low of Rs. 304.85 and Rs. 301.25 respectively. So far 7,349 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2155.16 crore.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 477 on 13-Apr-2015 and a 52 week low of Rs. 238 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 312.8 and Rs. 290.4 respectively.

The promoters holding in the company stood at 47.11 % while Institutions and Non-Institutions held 33.7 % and 19.18 % respectively.

The stock is currently trading below its 200 DMA.

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