Support and Resistance Levels
Past performance
About HLE Glascoat Ltd HLE Glascoat Limited, part of the Patel Group, is a prominent Indian manufacturer of process equipment for the chemical and pharmaceutical sectors. Established in 1951, the company specializes in glass-lined equipment and spares, addressing needs in storage, reaction, heat transfer, distillation, and solid-liquid separation. Operating through three integrated plants—Mairoli, Anand, and HL Equipment—HLE Glascoat offers both ready-made and custom-built solutions, including valves, flanges, and filtration systems.
The company has expanded its portfolio over the years, acquiring Swiss Glascoat Equipments Limited in 2017 and global business of Thaletec GmbH in 2021. Significant milestones include initiating operations in 1981, manufacturing their first Agitated Nutsche Filter Dryer in 1991, and commissioning a new plant in Silvassa in 2022. HLE Glascoat serves both domestic and international markets and has undergone strategic restructuring and mergers to enhance its operational capabilities.