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HB Stockholdings Ltd.

BSE: 532216 Sector: Financials
NSE: HBSTOCK ISIN Code: INE550B01014
BSE 15:13 | 21 Feb 41.20 0.75
(1.85%)
OPEN

40.10

HIGH

41.40

LOW

40.10

NSE 14:59 | 21 Feb 41.05 0.65
(1.61%)
OPEN

41.00

HIGH

41.80

LOW

40.25

OPEN 40.10
PREVIOUS CLOSE 40.45
VOLUME 10704
52-Week high 58.75
52-Week low 15.60
P/E 5.22
Mkt Cap.(Rs cr) 98
Buy Price 41.20
Buy Qty 735.00
Sell Price 41.25
Sell Qty 1.00
OPEN 40.10
CLOSE 40.45
VOLUME 10704
52-Week high 58.75
52-Week low 15.60
P/E 5.22
Mkt Cap.(Rs cr) 98
Buy Price 41.20
Buy Qty 735.00
Sell Price 41.25
Sell Qty 1.00

HB Stockholdings Ltd. (HBSTOCK) - Company History

Promoted in 1985 by Harish Chander Bhasin, HB Stockholdings Ltd.(HBSL), formerly known as HB Portfolio Leasing (HBPL) commenced operations in Aug.'95 and undertook activities of leasing and investments in securities. At present, its operations are largely confined to investments, share shoppes, merchant banking and leasing. The company operates from offices located in New Delhi and Bombay. HBSL went public in Dec.'94 with 14% unsecured fully convertible debentures of Rs 65 each with one optional detachable tradable warrant for each debenture to meet the capital expenditure for additional infrastructure facilities, repayment of secured loans and to augment long-term resources. HBSL is a SEBI-registered category-I merchant banker. The company's OTCEI membership is being transferred to HB Prima Capital the wholly owned subsidiary of the company. In the year 2000, though the capital market remained volatile, the company with its endeavour for consolidated and restructuring of its investment protfolio managed to remain unaffected of the fluctuations in the stock market. During the year it is expected barring unforeseen circumstances, to perform better and envisage the accumalated losses of the company may be recovered.