Hindustan Composites is trading at Rs. 514.90, reflecting an increase of 5.20 points or 1.02% compared to its previous close of Rs. 509.70 on the BSE.

The stock opened at Rs. 510.00, reaching a high of Rs. 543.85 and a low of Rs. 499.10 during the session, with 1,141 shares changing hands.

This 'B' category stock, with a face value of Rs. 5, hit a 52-week high of Rs. 669.90 on August 20, 2024, and a 52-week low of Rs. 370.00 on June 5, 2024. Over the past week, its highest price was Rs. 555.60, and the lowest was Rs. 499.10. The company's current market capitalization stands at Rs. 749.31 crore.

Promoters hold a 74.97% stake in the company, while institutions own 0.01% and non-institutional investors hold 25.01%.

On October 17, 2024, Hindustan Composites acquired 30,000 equity shares of HDFC Bank, valued at Rs. 5.02 crore, as part of its investment strategy, aiming for long-term or short-term benefits.

Hindustan Composites specializes in producing and marketing fibre-based friction materials like Brake Liners, Roll Linings, Brake Blocks, Clutch Facings, and also manages its surplus funds through investments.