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Hindustan Everest Tools Ltd.

BSE: 505725 Sector: Engineering
NSE: N.A. ISIN Code: INE598D01019
BSE LIVE 15:22 | 12 Jun Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 38.70
PREVIOUS CLOSE 39.90
VOLUME 21
52-Week high 51.50
52-Week low 38.70
P/E
Mkt Cap.(Rs cr) 6
Buy Price 38.05
Buy Qty 56.00
Sell Price 0.00
Sell Qty 0.00
OPEN 38.70
CLOSE 39.90
VOLUME 21
52-Week high 51.50
52-Week low 38.70
P/E
Mkt Cap.(Rs cr) 6
Buy Price 38.05
Buy Qty 56.00
Sell Price 0.00
Sell Qty 0.00

Hindustan Everest Tools Ltd. (HINDEVERTOOLS) - Company History

Hindustan Everest Tools Ltd (HETL) is the first and the only ISO 9001 (DNV, Netherlands) certification hand tools company in India. It was established in the year of 1962 with German collaborators named Dowidat Werke Willi Dowidat of federal Republic of Germany under the steps taken by SYT.D.P.Mandelia. In 1974 the German collaboration was ended. The company committed with production and marketing of high quality hand tools certified GS by VPA Remscheid, Germany for over four decades to buyers in the home country and in abroad. The products are in the names of Single Open End Spanners, Double Open End Spanners, Bihexagon Ring spanners, Combination Ring & Open Ended Spanners, Sockets and Accessories, different Pliers, Pipe Wrenches (Stillson, Heavy duty and Chain Pipe Wrenches), Adjustable Wrenches, Screw Drivers, Grip Pliers, Slogging Wrenches etc. HETL manufacture hand tools by using high quality Chrome Vanadium Steel in different international standards like BIS, DIN, and ANSI etc. HETL in growing stage only. Growth in year by year is to boost up the company to expand the network in both domestic and in international level. The company faced an event of loss up to 2005-06 due to some internal and external reasons. Moreover the unprecedented power cuts even during winter months may affected the production of the company, to avoid this disturbance HETL hosted two power generators for uninterrupted power supply to our entire plant. 2006-07 was the milestone year to HETL, during the year comparatively the export accounted higher than the domestic sales of a company. The Company's management adopted one relentless effort to control consumption of all major inputs and increase in production efficiency. It gave good result to the company. HETL stands up from the loss to huge cash profit level. HETL have its own Research & Development Centre, the Centre continuously endeavors to upgrade the existing products, process and venture in new product development and process improvement. Company extended the product range and has introduced new products based on customer requirement and its modification with help of the R & D Centre. Other than the level, the company have prompt attention and services to all esteemed customers at all times and always like to establish long lasting cordial business relationship in both dimensions.