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HMT Ltd - Company News


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Code : 500191

NSE   23 Feb 17 | 12:00 AM

40.45 0 (0%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: HMT
1 Week : Rs 27.50 (-100.00%)
1 Month : Rs 26.65 (-100.00%)
1 Year : Rs 38.15 (-100.00%)
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  • 27 Oct 16
    11:55 PM
    The Union Cabinet on Thursday cleared the closure of Haryana-based tractor division of HMT by offering voluntary retirement scheme (VRS) or voluntary separation scheme (VSS) at 2007 notional payscales to enable the public sector unit focus on its core
  • 13 Jun 16
    12:20 AM
    Any plan to revive distressed state-owned companies should not include selling of land and other capital assets of those companies, a high-powered panel under NITI Aayog on revival of sick public sector units (PSUs) is believed to have suggested.
  • 07 Oct 15
    12:49 PM
    Shares of HMT has surged 18% to Rs 58.80, extending its previous day’s rally on the BSE, after the company said that it has signed a Memorandum of Understanding (MoU) with Germany company, Fraunhofer-Gesellschaft, for technology upgradation.
  • 12 Jan 15
    12:05 AM
    HMT Limited, a tractor manufacturing firm, will impart technical skills to Indian Army personnel at its tractor factory in Pinjore, to enhance their post-retirement employability.
  • 22 Nov 14
    12:43 AM
    As a colleague and I darted down a dirty alley behind the glamorous shopping colonnades of Connaught Place in New Delhi, I felt like I was playing a childhood game of treasure hunt.
  • 12 Nov 14
    12:17 PM
    HMT has surged by nearly 9% to Rs 41 after the company net loss narrowed by 38.5% in the quarter ended September 2014 at Rs 24.68 crore compared to Rs 40.12 crore in the year-ago period.
  • 07 Nov 14
    12:59 AM
    Finance Minister Arun Jaitley’s Wednesday statement that the government is open to privatising sick public-sector undertakings seems to offer hope on 79 state-run companies that had an accumulated loss of Rs 55,656 crore in 2012-13, according to the
  • 27 Oct 14
    10:09 AM
    Shares of HMT has surged 13% to Rs 34.55 on back of heavy volumes on reports that the government may rethink its decision to close the loss-making HMT Watches as demand for watches is picking up.
  • 24 Sep 14
    12:18 AM
    State-run watch and tractor maker HMT, which has been incurring losses since last 15 years, has submitted a voluntary retirement/voluntary separation scheme to downsize its manpower to the government.
  • 12 Sep 14
    02:08 PM
    The mood at corporate headquarters of HMT Watches is subdued as rumours of closure spread among its employees.
  • 19 Jun 14
    02:14 PM
    Shares of state-owned companies having the government holding more than 80% are in limelight after the capital market regulator said that all listed public sector undertakings (PSU) companies should have at least 25% public shareholding in three years.
  • 20 Feb 14
    01:14 PM
    Government today announced a financial package of about Rs 77.4 crore for the state-run HMT Limited and its subsidiary HMT Machine tools Ltd to make payments of salary, wages and statutory dues such as PF and gratuity to its employees.
  • 19 Feb 14
    01:59 PM
    HMT has rallied 6% to Rs 28.90, extending its previous day’s over 7% surge after the company said the government approved the revival and restructuring package of Rs 1,083 crore.
  • 05 Jun 13
    11:16 AM
    HMT soared nearly 8% on Wednesday after board approved fundraising of Rs 443 crore via preference share issue to government.
  • 09 May 13
    06:34 PM
    Bangalore-based HMT Ltd, manufacturer of machine tools and watches on Thursday, informed BSE that the government has approved revival and financial restructuring plan for the company as recommended by the BRPSE, which envisages financial support, waivers
  • 23 Apr 13
    05:43 AM
    HMT has zoomed 40% in four trading days on the back of Cabinet Committee on Economic Affairs (CCEA) approving a Rs 1,083-crore revival package for the company.
  • 23 Oct 12
    09:50 AM
    Shares of select public sector undertakings (PSU) companies are in focus ahead of their chiefs meeting with Prime Minister Manmohan Singh today to discuss capital expenditure plans, as well as issues hurting growth of their respective industries.
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