Harig Crankshafts Limited (HCL) was promoted in the joint sector by Pradeshiya Industrial Corporation of Uttar Pradesh along with Haring India and Deshbir Singh in collaboration with Wilbelmus Import and Export Establishment, Germany.
The Company was incorporated in April, 1983 and set up a project to manufacture automotive crankshafts at Noida, Uttar Pradesh. The company's primary focus was the production of high-quality automotive crankshafts designed for a variety of vehicles, including cars, light commercial vehicles, trucks, and earth-moving equipment.
The setup of HCL was strategically planned and executed in phases. The initial phase involved the installation of a cutting-edge crankshaft machining line, which began its commercial operations in January. This phased approach en ...sured a gradual and efficient ramp-up of production capabilities. HCL was recognized as a prominent player in the auto ancillary sector, specializing in the manufacture of both forged and machined crankshafts. Additionally, the company produces stub axles and other essential automotive components.
HCL's facilities in Noida have advanced technology to meet the high standards of automotive part manufacturing. By focusing on quality and precision, the Company cater to the diverse needs of the automotive industry, contributing significantly to the sector's growth in India.
The product includes crankshafts for cars, light commercial vehicles, trucks and earth moving equipment. The company commissioned in Mar.'95 a forging press and a machine line to manufacture additional crankshafts to increase the total capacity to 89,000 pa. HCL offered rights in May '95 (premium : Rs 12) to raise funds to pay the interest owed to various financial institutions and to meet additional working capital requirements. It came out of the red in 1994-95.
With the accumulated losses exceeded the total net worth the company has been referred to BIFR and the Board has declared the company as Sick. As a part of diversification the company has entered into the field of Foring Valve Bodies and Flenges of all sizes,thus reducing its dependence on the Automotive Industry.
1. Can I buy Harig Crankshafts Ltd from PL Capital? ›
Yes, you can invest in Harig Crankshafts Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Harig Crankshafts Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Harig Crankshafts Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Harig Crankshafts Ltd pay dividends? ›
Harig Crankshafts Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Harig Crankshafts Ltd ? ›
As of
06-11-2025 the share price for Harig Crankshafts Ltd. is 5.9 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Harig Crankshafts Ltd ? ›
The 52-week high and low of Harig Crankshafts Ltd share price is ₹ 1.5 - ₹ 5.9 as of
06-11-2025 .
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