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Honda India Power Products Ltd.

BSE: 522064 Sector: Engineering
NSE: HONDAPOWER ISIN Code: INE634A01018
BSE 00:00 | 29 Jul 1215.55 -10.55
(-0.86%)
OPEN

1225.25

HIGH

1234.45

LOW

1206.95

NSE 00:00 | 29 Jul 1214.65 -12.15
(-0.99%)
OPEN

1225.00

HIGH

1244.65

LOW

1207.00

OPEN 1225.25
PREVIOUS CLOSE 1226.10
VOLUME 726
52-Week high 1388.10
52-Week low 902.00
P/E 25.32
Mkt Cap.(Rs cr) 1,233
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1225.25
CLOSE 1226.10
VOLUME 726
52-Week high 1388.10
52-Week low 902.00
P/E 25.32
Mkt Cap.(Rs cr) 1,233
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Honda India Power Products Ltd. (HONDAPOWER) - Company History

Honda Siel Power Products was incorporated in Sep.'85 as a joint venture earlier it is called Shriram Honda Power was promoted by Honda Motor Co Japan and Shriram Industrial Enterprises. Honda Motor Japan holds a 66.67% stake in the company. In 1998-99 it changed its name to Honda Siel Power Products. Its works is situated in Rudrapur (Uttaranchal) Pondicherry and at Greater Noida.The company manufactures and markets portable generating (PG) sets (inst. cap.: 175000 pa) general purpose engines and water pumps at its plant in the Udham Singh Nagar district of Uttar Pradesh. It also has set up a plant at Pondicherry commercial production at which commenced in Sep.'95. In 1991-92 the company took up a major indigenisation programme to set up in-house machining facilities for crankshafts rotorshafts.In Jul.'93 it received the ISO 9001 certification from RWTUV Germany for quality assurance systems in the design manufacture installation and after-sales service of its products. It achieved the Export House status in Sep.'94. The company sells its products to customers and institutions through regional offices and dealers. At present it exports to over 25 countries in Africa Europe South America and Asia. In June 2000 the company commenced the in-house manufacture of flywheel required for Gensets GP Engines and water pumping sets. The Company has set up a Pressure Die-Casting plant in Greater Noida U.P at a capital outlay of 7.80 crores. The Commercial production commenced in December 2000. The Company has drawn plans to take up ERP (IT Project) for all its functions across the company in a phased manner.

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