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Trades about 135% below its sector, cheaper than its peers on earnings.
Established in 1949 and headquartered in Bengaluru, India, HMT Limited specializes in the global manufacturing and sale of food processing machinery. The company provides a comprehensive range of machine tools, which includes turning and grinding machines, gear manufacturing equipment, specialized application machinery, machining centers, die casting and plastic injection molding systems, precision ball screws, presses, CNC systems, and various other general-purpose machines. Within its food processing division, offerings extend to butter making and packing machines, plate heat exchangers, centrifugal pumps and separators, oil purification and clarification systems, and homogenizers. Beyond these core areas, HMT also diversifies its production to include printing machinery, watches, tractors, and bearings. Additionally, the company delivers a variety of services, such as equipment refurbishment, testing and inspection, precision tooling solutions, and expert project and consultancy services.
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