HLE Glascoat (NSE:HLEGLAS) Volatility: 64.60% (As of Aug. 12, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HLEGLAS HLE Glascoat Ltd NSE:HLEGLAS
92 GF Score
Price ₹379.60
GF Value ₹622.20
Valuation Significantly Undervalued
! 4 Warning Signs
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What is HLE Glascoat Volatility?

HLE Glascoat NSE:HLEGLAS -20.00% 92 Volatility is 64.60% as of Aug. 12, 2026. GuruFocus rates NSE:HLEGLAS with a GF Score™ of 92/100 and a GF Value™ of ₹622.20 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.

As of today (2026-08-12), HLE Glascoat's Volatility is 64.60%.


HLE Glascoat  (NSE:HLEGLAS) Volatility Explanation

Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.

Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.

Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.


HLE Glascoat Volatility Related Terms


NSE:HLEGLAS vs GEV, ETN, PH: Volatility Comparison

For the Specialty Industrial Machinery subindustry, HLE Glascoat's Volatility, along with its competitors' market caps and Volatility data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HLE Glascoat Volatility vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, HLE Glascoat's Volatility distribution charts can be found below:

* The bar in red indicates where HLE Glascoat's Volatility falls into.


NSE:HLEGLAS
92GF Score
HLE Glascoat Ltd NSE:HLEGLAS
Volatility is just one metric. See GF Score™, valuation, warning signs, and more.
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HLE Glascoat  (NSE:HLEGLAS) Volatility Calculation

The annualized volatility is calculated as following:

σA=σM * 12
= 1/(n-1) ∑(Ri - R')^2 * 12

Where: σM is the monthly volatility, n is the number of months in the period, Ri is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Volatility →
What does a Volatility of 64.60% mean?
HLE Glascoat (NSE:HLEGLAS) has a Volatility of 64.60% as of Aug. 12, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on HLE Glascoat and its competitors.
Is HLE Glascoat's Volatility too high?
HLE Glascoat's current Volatility is 64.60%. Overall, HLE Glascoat has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HLE Glascoat's Volatility compare to GEV and ETN?
HLE Glascoat's Volatility of 64.60% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Volatility for an Industrial Products company?
A good Volatility depends on the Industrial Products industry context. However, Volatility should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Volatility mean?
A high Volatility can signal that a stock is expensive relative to its fundamentals. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on HLE Glascoat and its competitors. HLE Glascoat's current Volatility is 64.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HLE Glascoat stock overvalued right now?
Based on GuruFocus' analysis, HLE Glascoat (NSE:HLEGLAS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹622.20, compared to a current price of ₹379.60 — trading 39% below its estimated fair value. The current Volatility is 64.60%. HLE Glascoat's overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Volatility calculated?
Volatility is calculated from a company's financial statements. For HLE Glascoat (NSE:HLEGLAS), the current Volatility is 64.60% as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HLE Glascoat (NSE:HLEGLAS) Overvalued in 2026?

Based on GuruFocus' analysis, HLE Glascoat stock appears to be undervalued. The current stock price of ₹379.60 is trading 39% below its estimated GF Value™ of ₹622.20. GuruFocus considers HLE Glascoat to be Significantly Undervalued.

Key valuation signals for NSE:HLEGLAS:

  • Volatility: 64.60%
  • GF Value™: ₹622.20 vs. price of ₹379.60 (39% below fair value)
  • GF Score™: 92/100 with 4 warning signs

No single metric tells the full story. See the NSE:HLEGLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HLE Glascoat Business Description

Other Exchanges 522215:India
Address Vitthal Udyognagar, Phase - IV, H - 106, G.I.D.C. Estate, District Anand, Anand, GJ, IND, 388121
HLE Glascoat Ltd is a process equipment manufacturer and a solution provider to the chemical and pharmaceutical industries. The company mainly manufactures filtration, glass-lined, and drying equipment. Its product portfolio comprises reactors, receivers, storage tanks, columns, agitators, agitated filters and dryers, rotary vacuum paddle dryers, other chemical process equipment, and related spares and accessories. The company's operating segments are: Filtration, drying and other equipment; Glass-lined equipment; and Heat transfer equipment. Maximum revenue is generated from its glass-lined equipment business. Geographically, the company generates maximum revenue from its business in India, and also exports its products to other markets.
92GF Score

Get the complete analysis for NSE:HLEGLAS

Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹379.60
Price
₹622.20
GF Value