Hindustan Hardy Ltd. (HINDHARD) Share Price Falls 11.41% Amid Market Volatility

Hindustan Hardy Ltd. Share Price fell 11.41% to Rs 740 today, impacting its micro-cap status.

Hindustan Hardy Ltd. Share Price experienced a significant decline today, falling 11.41% to close at Rs 740. This drop from the previous close of Rs 835.3 marks a notable movement in the market, especially for a micro-cap company with a market capitalisation of Rs 125.17 crore. The decline in share price places Hindustan Hardy Ltd. While the data confirms the price fall, it does not establish a specific catalyst behind this movement. Investors are keenly observing the stock's performance, given its impact on the company's valuation and market perception.

Hindustan Hardy Ltd. (HINDHARD) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 740
Previous Close	Rs 835.3
Today's Change	Rs -95.3 (-11.41%)
Day Open	Rs 756.95
Day High	Rs 769.85
Day Low	Rs 733.5
Current Volume (BSE)	2,272
BSE Traded Volume	2,272
Combined NSE + BSE Volume	2,272
Turnover	Rs 0.17 crore
Market Capitalisation	Rs 125.17 crore
Market Cap Category	Micro Cap

Hindustan Hardy Ltd. (HINDHARD) traded at Rs 740. versus the previous close of Rs 835.3, a fall of 11.41%. The stock opened at Rs 756.95, reached Rs 769.85, touched Rs 733.5. Reported volume was 2,272.

Hindustan Hardy Ltd. (HINDHARD) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 125.17 crore
P/E Ratio	19.05x
P/B Ratio	3.34x
ROE	31.92%
ROCE	33.83%
EPS	Rs 43.85
Dividend Yield	0.34%

Hindustan Hardy Ltd. was valued at a P/E ratio of 19.05x, a P/B ratio of 3.34x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 31.92% and ROCE of 33.83%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 43.85, dividend yield of 0.34%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Hindustan Hardy Ltd. operates within the Automobile & Ancillaries sector, specifically in the Auto Ancillary industry. The company's market capitalisation stands at Rs 125.17 crore, with a price-to-earnings (P/E) ratio of 19.05 and a price-to-book (P/B) ratio of 3.34. The return on equity (ROE) is an impressive 31.92%, while the return on capital employed (ROCE) is 33.83%. The earnings per share (EPS) is Rs 43.85, and the dividend yield is 0.34%. These figures suggest a robust financial performance, with the company outperforming its sector peers in terms of ROE and ROCE. However, the P/B ratio is slightly above the sector median, indicating a relatively higher valuation. Investors should consider these fundamentals when evaluating the stock's potential.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Auto Ancillary
Benchmark Scope	same industry
Company P/E Ratio	19.05x
Benchmark Median P/E	22.73x
Benchmark Average P/E	72.51x
Benchmark P/E Range	4.9x to 1,940.84x
Company P/B Ratio	3.34x
Benchmark Median P/B	2.02x
Company ROE	31.92%
Benchmark Median ROE	5.44%
Company ROCE	33.83%
Benchmark Median ROCE	8.29%
Company Market Capitalisation	Rs 125.17 crore
Benchmark Median Market Cap	Rs 320.39 crore

Hindustan Hardy Ltd. (HINDHARD) is classified under sector: Automobile & Ancillaries and industry: Auto Ancillary.

Hindustan Hardy Ltd. (HINDHARD) has a P/E ratio of 19.05x, which is below the benchmark median of 22.73x, a difference of -16.19%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Hindustan Hardy Ltd. (HINDHARD) has a ROE of 31.92%, which is above the benchmark median of 5.44%, a difference of +486.76%. Hindustan Hardy Ltd. (HINDHARD) has a ROCE of 33.83%, which is above the benchmark median of 8.29%, a difference of +308.08%.

Track today's top decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Hindustan Hardy Ltd. is part of the Automobile & Ancillaries sector, specifically within the Auto Ancillary industry. The sector benchmark includes 74 companies, with a median P/E of 22.73 and an average P/E of 72.51. Hindustan Hardy Ltd.'s P/E of 19.05 is below the median, suggesting a relatively attractive valuation. The company's P/B ratio of 3.34 is above the sector median of 2.02, indicating a higher valuation compared to peers. The ROE of 31.92% and ROCE of 33.83% are significantly above the sector medians, highlighting the company's strong financial performance. The sector's market capitalisation ranges from Rs 3.16 crore to Rs 3,064.87 crore, with Hindustan Hardy Ltd. positioned towards the lower end. This context provides insight into the company's competitive standing within the industry.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
CARRARO INDIA LIMITED	CARRARO	3,064.87	23.33	5.4	17.69	19.27
Divgi Torqtransfer Systems Ltd.	DIVGIITTS	2,925.72	65.36	4.83	15.05	19.01
Automotive Axles Ltd.	AUTOAXLES	2,920.46	16.76	2.66	12.66	16.97
Sundaram-Clayton Ltd.	SUNCLAY	2,769.11	11.26	2.29	-3.36	3.46
Rajratan Global Wire Ltd.	RAJRATAN	2,740.11	34.2	4.07	44.14	39.9

Hindustan Hardy Ltd. (HINDHARD) has a P/E ratio of 19.05x compared with the displayed peer median of 23.33x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 31.92% compares with a peer median of 15.05% across the companies shown in the table. ROCE stood at 33.83% versus the displayed peer median of 19.01%, providing a capital-efficiency comparison. Hindustan Hardy Ltd. (HINDHARD) has a market capitalisation of Rs 125.17 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

When compared to its peers, Hindustan Hardy Ltd. exhibits a competitive edge in certain financial metrics. The company's P/E ratio of 19.05 is lower than Divgi Torqtransfer Systems Ltd.'s 65.36 and Rajratan Global Wire Ltd.'s 34.2, indicating a more attractive valuation. However, its P/B ratio of 3.34 is higher than Automotive Axles Ltd.'s 2.66 and Sundaram-Clayton Ltd.'s 2.29. Hindustan Hardy Ltd.'s ROE of 31.92% surpasses that of Carraro India Limited and India Nippon Electricals Ltd., showcasing its superior profitability. The ROCE of 33.83% is also higher than many peers, reflecting efficient capital utilization. These comparisons highlight the company's strengths and areas for improvement relative to its industry counterparts.

Why Investors Are Watching Hindustan Hardy Ltd.

Investors are closely monitoring Hindustan Hardy Ltd. due to its significant price movement and financial metrics. The stock's recent decline, coupled with its technical and fundamental indicators, has drawn attention.

• Price Action: 11.41% decline today, closing at Rs 740.
• Technical Position: RSI at 56.45, below key moving averages.
• Fundamental Context: Strong ROE and ROCE, P/E below sector median.
• Sector Positioning: Part of the Auto Ancillary industry, competitive metrics.

Investors should continue to observe the stock's performance, considering market trends and company developments, to make informed decisions.

About Hindustan Hardy Ltd.

Hindustan Hardy Ltd. operates in the Auto Ancillary industry, providing essential components for the automobile sector. The company focuses on manufacturing and supplying a range of automotive parts, catering to both domestic and international markets. With a commitment to quality and innovation, Hindustan Hardy Ltd. has established itself as a reliable player in the industry. The company's diverse product portfolio and strategic partnerships contribute to its competitive advantage. As part of the broader Automobile & Ancillaries sector, Hindustan Hardy Ltd. continues to leverage its expertise to meet the evolving demands of the automotive market.

Track Hindustan Hardy Ltd. Share Price on Univest

Use Hindustan Hardy Ltd. (HINDHARD) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.

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Frequently Asked Questions

What caused Hindustan Hardy Ltd. Share Price to fall today?

Ans. Hindustan Hardy Ltd. Share Price fell 11.41% today, closing at Rs 740. The data confirms the price fall but does not establish a specific catalyst for this movement. The stock moved -11.41% during the session.

What is Hindustan Hardy Ltd.'s market capitalisation?

Ans. Hindustan Hardy Ltd.'s market capitalisation is Rs 125.17 crore, categorizing it as a micro-cap company in the market. The company operates in the Automobile & Ancillaries sector. Its P/E ratio is 19.05x.

How does Hindustan Hardy Ltd.'s valuation compare to its sector?

Ans. Hindustan Hardy Ltd.'s P/E of 19.05 is below the sector median of 22.73, suggesting a relatively attractive valuation compared to peers. The company trades at a P/E ratio of 19.05x.

How does Hindustan Hardy Ltd.'s ROE compare to its peers?

Ans. Hindustan Hardy Ltd.'s ROE of 31.92% surpasses many peers, indicating superior profitability and efficient capital utilization. ROE stands at 31.92%. ROCE stands at 33.83%. The relevant peer median ROE is 5.44%.

What industry does Hindustan Hardy Ltd. operate in?

Ans. Hindustan Hardy Ltd. operates in the Auto Ancillary industry, providing essential components for the automobile sector. The stock belongs to the Automobile & Ancillaries sector. Its industry classification is Auto Ancillary.

What is the significance of Hindustan Hardy Ltd.'s price action today?

Ans. The 11.41% decline in Hindustan Hardy Ltd.'s share price highlights significant market volatility and investor caution in the micro-cap segment. The stock moved -11.41% during the session. The intraday range extended from Rs 733.5 to Rs 769.85.

How can investors track Hindustan Hardy Ltd. Share Price?

Ans. Investors can track Hindustan Hardy Ltd. Share Price on Univest for live market data, technical indicators, and fundamental insights. The stock moved -11.41% during the session. The intraday range extended from Rs 733.5 to Rs 769.85.