Headquartered in Hyderabad, Telangana, Hariom Pipe Industries Limited is an integrated steel manufacturer with a stronghold in the South Indian market. It hasa diverse product portfolio consisting of Mild Steel (MS) Billets, Pipes and Tubes, Hot Rolled (HR) Coils, and Scaffolding Systems.
Technically chart is forming CnH Pattern and retested the BO levl of 740. Currently hovering around 760. The CnH pattern is showing a tgt of 1000+
FII holding increasing, Good sales growth and ROCE. overall good fundamentals.
The only negative is increasing debt. Please do ur own analysis before investing.