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About Harig Crankshafts Ltd
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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. Company was primarily involved in the business of high-quality automotive crankshafts designed for a variety of vehicles, including cars, light commercial vehicles, trucks, and earthmoving equipment. Since the operations of the company was shut from FY 2011. 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 ensured 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. 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. Pursuant to the Resolution Plan submitted by the Palika Towns LLP was approved by the majority members of Committee of creditors and Hon`ble NCLT, Allahabad Bench, on October 20, 2023 and April 17, 2024 respectively. Further the Approval of Members were received in the Extraordinary General meeting of the Company held on 7th December, 2024 to sell the undertaking of the Company comprising of land and building situated at C49,Noida Phase-II, Noida, Uttar Pradesh over a total area of 22,343.10 sq. meter along with Plant & machinery situated thereat. After the closure of financial year 2024-25, Company has changed its Main Objects to real estate developer and civil engineering related services.
Harig Crankshafts share price as on 19 Jan 2026 is Rs. 6.49. Over the past 6 months, the Harig Crankshafts share price has increased by 295.73% and in the last one year, it has increased by 313.38%. The 52-week low for Harig Crankshafts share price was Rs. 1.5 and 52-week high was Rs. 6.49.
500178
HARIGCRANK
INE905C01034
Oct
Harig Crankshafts Ltd FAQs
You can buy Harig Crankshafts Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Harig Crankshafts Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 12, 2026 04:01 PM the closing price of Harig Crankshafts Ltd was Rs.6.49.
The latest PE ratio of Harig Crankshafts Ltd as of Jan 12, 2026 04:01 PM is -0.59
The latest PB ratio of Harig Crankshafts Ltd as of Jan 12, 2026 04:01 PM is -0.10
The 52-week high of Harig Crankshafts Ltd share price is Rs. 6.49 while the 52-week low is Rs. 1.50
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jan 12, 2026 04:01 PM, the market cap of Harig Crankshafts Ltd stood at Rs. 6.81 Cr.
Market Outlook
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