Hindustan Motors had earlier signed a MoA with another company for handing over a part of surplus land at Uttarpara for the proposed project

Hindustan Motors plans to venture into EV segment stalled due to notice on resumption of land by West Bengal government

Company likely to provide more details after board of partner firm approves tie-up, sources said

Hindustan Motors enters into MoU to extend EV domain across the border

Hindustan Motors share price: Around 5.79 lakh shares changed hand today, amounting to a turnover of Rs 1.05 crore. The company’s market capitalisation stood at Rs 383.93.

Hindustan Motors shares jump 10% on ‘eco-friendly EV’ push

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Stock that will see action on July 4, 2022

The iconic Ambassador carmaker Hindustan Motors expects to set up a joint venture with a European partner to manufacture electric two-wheelers by next year, reports PTI.

Ambassador carmaker Hindustan Motors to launch electric two-wheelers by 2023

Financial due diligence of both the companies will start in July, which will take two months, after which the technical aspects of the joint venture will be looked into and this will take another month, Director of Hindustan Motors, Uttam Bose.

Hindustan Motors-European co JV to launch electric two-wheelers by next year

Financial due diligence of both the companies will start in July, which will take two months, after which the technical aspects of the joint venture will be looked into and this will take another month, Director of Hindustan Motors, Uttam Bose, told PTI.

Ambassador car maker Hindustan Motors likely to launch electric two-wheelers by next year, eyes electric four wheelers too

The company has executed a brand transfer agreement with SG Corporate Mobility Pvt Ltd on June 16, 2022 for an undisclosed sum

Hindustan Motors to sell ‘Contessa’ brand to SG Corporate Mobility

Hindustan Motors has a market capitalization of ₹532 Cr and operates in the automobile industry as a small-cap company.

This multibagger auto stock hits upper circuit for 15 days in a row

After the comeback of Hindustan Motors Ambassador has hit rumour mills, now a report suggests HM Contessa will also return as an electric vehicle in India.

Iconic Hindustan Motors Contessa to make a comeback in India, name registered

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

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Promoter pledged holding

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Hindustan Motors Limited is engaged in the manufacture and sale of vehicles, spare parts of vehicles, steel products and components.