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Equity Research
GPIL is a flagship Company of Raipur‐based Hira Group of
Industries, which is an integrated steel manufacturer and is
having dominant presence in the long product segment of the
Steel industry, mainly into mild steel wire. GPIL is an end‐to‐end
manufacturer of mild steel wires. In the process, the company
manufactures sponge iron, billets, Ferro alloys, captive power,
wires rods (through subsidiary company), steel wires, Oxygen
gas, fly ash brick and last but not the least pallets. GPIL is also
awarded rights for Iron Ore and Coal Mining for captive
consumption, as a result of which, the company has managed to
traverse the entire value chain (raw material to final product) in
steel wires and is now a fully integrated manufacturer.
http://www.nirmalbang.com/Upload/Q1FY10 GPIL.pdf
Industries, which is an integrated steel manufacturer and is
having dominant presence in the long product segment of the
Steel industry, mainly into mild steel wire. GPIL is an end‐to‐end
manufacturer of mild steel wires. In the process, the company
manufactures sponge iron, billets, Ferro alloys, captive power,
wires rods (through subsidiary company), steel wires, Oxygen
gas, fly ash brick and last but not the least pallets. GPIL is also
awarded rights for Iron Ore and Coal Mining for captive
consumption, as a result of which, the company has managed to
traverse the entire value chain (raw material to final product) in
steel wires and is now a fully integrated manufacturer.
http://www.nirmalbang.com/Upload/Q1FY10 GPIL.pdf