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HMT Ltd - Company News

BSE   01 Oct 14 | 03:46 PM

30.70 -1 (-3.15%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 500191
Face Value: 10

NSE   01 Oct 14 | 12:00 AM

30.70 -0.85 (-2.69%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: HMT
Performance
1 Week : Rs 34.25 (-10.36%)
1 Month : Rs 42.10 (-27.08%)
1 Year : Rs 24.70 (24.29%)
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  • 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.
  • 26 Sep 12
    12:36 AM
    The loss-making HMT Watches Limited has devised a multi-pronged strategy for revival by introducing new models, infusing fresh capital, through sale of its surplus land at Ranibagh in Uttarakhand and other places and also through various tie-ups with
  • 10 Jul 12
    02:55 PM
    Shares of state-owned companies such as HMT and ITI have rallied more than 10% each on reports that the government is likely to infuse funds to revive the loss-making public sector undertakings (PSUs).
  • 09 Apr 12
    09:50 AM
    HMT has surged 11% to Rs 46.50 on reports that the board for Reconstruction of Public Sector Enterprises (BRPSE) has recommended a revival package worth of Rs 950- crore for the state-owned company.
  • 28 Feb 12
    01:02 PM
    Shares of state-owned companies such as HMT, ITI and Scooters India have rallied more than 9% each on reports that the government is likely to revert to the policy of using 25% of the disinvestment proceeds for reviving sick public sector undertakings
  • 29 Dec 11
    12:49 AM
    HMT Watches and Department of Posts have entered into an agreement for retailing watches through post offices across the country as part of HMT’s strategy to provide more diversified services to the public.
  • 16 Dec 11
    09:48 AM
    Hindustan Machine Tools (HMT) and ITI has soared more than 9% each on reports that the government has formulated a revival plan for the ailing state-owned companies. The plan includes implementation of pay revision for the employees.
  • 12 Aug 11
    09:04 PM
    The company's net loss has widened from Rs 17.56 crore in the corresponding quarter previous fiscal, it said in a filing to the Bombay Stock Exchange (BSE).
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